A.I.dvisor indicates that over the last year, HYT has been closely correlated with SHYG. These tickers have moved in lockstep 73% of the time. This A.I.-generated data suggests there is a high statistical probability that if HYT jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To HYT | 1D Price Change % | ||
---|---|---|---|---|
HYT | 100% | +0.18% | ||
SHYG - HYT | 73% Closely correlated | -0.23% | ||
USHY - HYT | 71% Closely correlated | -0.27% | ||
SPHY - HYT | 71% Closely correlated | -0.26% | ||
JNK - HYT | 70% Closely correlated | -0.31% | ||
HYG - HYT | 70% Closely correlated | -0.30% |