A.I.dvisor indicates that over the last year, FTHY has been loosely correlated with SHYG. These tickers have moved in lockstep 63% of the time. This A.I.-generated data suggests there is some statistical probability that if FTHY jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To FTHY | 1D Price Change % | ||
---|---|---|---|---|
FTHY | 100% | -0.28% | ||
SHYG - FTHY | 63% Loosely correlated | -0.23% | ||
USHY - FTHY | 63% Loosely correlated | -0.27% | ||
SPHY - FTHY | 61% Loosely correlated | -0.26% | ||
JNK - FTHY | 61% Loosely correlated | -0.31% | ||
HYG - FTHY | 60% Loosely correlated | -0.30% |