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% | N/A | ||
SHYG - PHT | 71% Closely correlated | +0.12% | ||
USHY - PHT | 70% Closely correlated | +0.09% | ||
JNK - PHT | 70% Closely correlated | +0.06% | ||
SPHY - PHT | 69% Closely correlated | +0.08% | ||
HYG - PHT | 68% Closely correlated | +0.06% |