A.I.dvisor indicates that over the last year, DHY has been loosely correlated with SHYG. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if DHY jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To DHY | 1D Price Change % | ||
---|---|---|---|---|
DHY | 100% | +0.47% | ||
SHYG - DHY | 51% Loosely correlated | +0.12% | ||
USHY - DHY | 50% Loosely correlated | +0.09% | ||
JNK - DHY | 50% Loosely correlated | +0.06% | ||
SPHY - DHY | 50% Loosely correlated | +0.08% | ||
HYG - DHY | 48% Loosely correlated | +0.06% |