A.I.dvisor indicates that over the last year, PHT has been closely correlated with SHYG. These tickers have moved in lockstep 71% of the time. This A.I.-generated data suggests there is a high statistical probability that if PHT jumps, then SHYG could also see price increases.
Ticker / NAME | Correlation To PHT | 1D Price Change % | ||
---|---|---|---|---|
PHT | 100% | -0.31% | ||
SHYG - PHT | 71% Closely correlated | -0.23% | ||
USHY - PHT | 70% Closely correlated | -0.27% | ||
JNK - PHT | 69% Closely correlated | -0.31% | ||
HYG - PHT | 69% Closely correlated | -0.30% | ||
SPHY - PHT | 69% Closely correlated | -0.26% |