A.I.dvisor indicates that over the last year, FTHY has been loosely correlated with SHYG. These tickers have moved in lockstep 64% 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% | +0.07% | ||
SHYG - FTHY | 64% Loosely correlated | +0.12% | ||
USHY - FTHY | 63% Loosely correlated | +0.09% | ||
JNK - FTHY | 62% Loosely correlated | +0.06% | ||
SPHY - FTHY | 62% Loosely correlated | +0.08% | ||
HYG - FTHY | 60% Loosely correlated | +0.06% |