A.I.dvisor indicates that over the last year, ISD has been loosely correlated with SHYG. These tickers have moved in lockstep 65% of the time. This A.I.-generated data suggests there is some statistical probability that if ISD jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To ISD | 1D Price Change % | ||
---|---|---|---|---|
ISD | 100% | -0.29% | ||
SHYG - ISD | 65% Loosely correlated | -0.23% | ||
USHY - ISD | 64% Loosely correlated | -0.27% | ||
JNK - ISD | 64% Loosely correlated | -0.31% | ||
HYG - ISD | 64% Loosely correlated | -0.30% | ||
SPHY - ISD | 63% Loosely correlated | -0.26% |