A.I.dvisor indicates that over the last year, HIX has been loosely correlated with USHY. These tickers have moved in lockstep 35% of the time. This A.I.-generated data suggests there is some statistical probability that if HIX jumps, then USHY could also see price increases.
Ticker / NAME | Correlation To HIX | 1D Price Change % | ||
---|---|---|---|---|
HIX | 100% | N/A | ||
USHY - HIX | 35% Loosely correlated | +0.03% | ||
HYG - HIX | 34% Loosely correlated | +0.07% | ||
SHYG - HIX | 34% Loosely correlated | N/A | ||
JNK - HIX | 33% Poorly correlated | +0.03% | ||
SPHY - HIX | 30% Poorly correlated | -0.04% |