A.I.dvisor indicates that over the last year, FTF has been loosely correlated with HYG. These tickers have moved in lockstep 48% of the time. This A.I.-generated data suggests there is some statistical probability that if FTF jumps, then HYG could also see price increases.
Ticker / NAME | Correlation To FTF | 1D Price Change % | ||
---|---|---|---|---|
FTF | 100% | -0.31% | ||
HYG - FTF | 48% Loosely correlated | +0.07% | ||
SHYG - FTF | 48% Loosely correlated | N/A | ||
USHY - FTF | 48% Loosely correlated | +0.03% | ||
JNK - FTF | 47% Loosely correlated | +0.03% | ||
SPHY - FTF | 44% Loosely correlated | -0.04% |