A.I.dvisor indicates that over the last year, FTF has been loosely correlated with SHYG. These tickers have moved in lockstep 58% of the time. This A.I.-generated data suggests there is some statistical probability that if FTF jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To FTF | 1D Price Change % | ||
---|---|---|---|---|
FTF | 100% | -0.15% | ||
SHYG - FTF | 58% Loosely correlated | +0.12% | ||
USHY - FTF | 57% Loosely correlated | +0.09% | ||
JNK - FTF | 57% Loosely correlated | +0.06% | ||
HYG - FTF | 55% Loosely correlated | +0.06% | ||
SPHY - FTF | 55% Loosely correlated | +0.08% |