A.I.dvisor indicates that over the last year, PHT has been loosely correlated with HYG. These tickers have moved in lockstep 61% of the time. This A.I.-generated data suggests there is some statistical probability that if PHT jumps, then HYG could also see price increases.
Ticker / NAME | Correlation To PHT | 1D Price Change % | ||
---|---|---|---|---|
PHT | 100% | +0.12% | ||
HYG - PHT | 61% Loosely correlated | +0.05% | ||
SHYG - PHT | 61% Loosely correlated | +0.05% | ||
USHY - PHT | 61% Loosely correlated | +0.11% | ||
JNK - PHT | 61% Loosely correlated | +0.10% | ||
SPHY - PHT | 59% Loosely correlated | +0.08% |