A.I.dvisor indicates that over the last year, HIX has been loosely correlated with USHY. These tickers have moved in lockstep 58% 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% | -0.24% | ||
USHY - HIX | 58% Loosely correlated | -0.27% | ||
SHYG - HIX | 58% Loosely correlated | -0.23% | ||
JNK - HIX | 56% Loosely correlated | -0.31% | ||
SPHY - HIX | 55% Loosely correlated | -0.26% | ||
HYG - HIX | 55% Loosely correlated | -0.30% |