A.I.dvisor indicates that over the last year, FTHY has been closely correlated with SHYG. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if FTHY jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To FTHY | 1D Price Change % | ||
---|---|---|---|---|
FTHY | 100% | -0.41% | ||
SHYG - FTHY | 68% Closely correlated | N/A | ||
USHY - FTHY | 67% Closely correlated | +0.03% | ||
SPHY - FTHY | 67% Closely correlated | -0.04% | ||
JNK - FTHY | 67% Closely correlated | +0.03% | ||
HYG - FTHY | 65% Loosely correlated | +0.07% |