A.I.dvisor indicates that over the last year, SMH has been closely correlated with SHOC. These tickers have moved in lockstep 99% of the time. This A.I.-generated data suggests there is a high statistical probability that if SMH jumps, then SHOC could also see price increases.
Ticker / NAME | Correlation To SMH | 1D Price Change % | ||
---|---|---|---|---|
SMH | 100% | -0.94% | ||
SHOC - SMH | 99% Closely correlated | -0.99% | ||
SOXQ - SMH | 99% Closely correlated | -0.63% | ||
SOXX - SMH | 98% Closely correlated | -0.50% | ||
FTXL - SMH | 97% Closely correlated | -0.37% | ||
SEMI - SMH | 97% Closely correlated | -0.45% | ||
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