A.I.dvisor indicates that over the last year, SMHB has been loosely correlated with SPXL. These tickers have moved in lockstep 46% of the time. This A.I.-generated data suggests there is some statistical probability that if SMHB jumps, then SPXL could also see price increases.
Ticker / NAME | Correlation To SMHB | 1D Price Change % | ||
---|---|---|---|---|
SMHB | 100% | -2.79% | ||
SPXL - SMHB | 46% Loosely correlated | -3.38% | ||
SSO - SMHB | 46% Loosely correlated | -2.26% | ||
MLPR - SMHB | 41% Loosely correlated | +0.70% | ||
TSLL - SMHB | 39% Loosely correlated | +3.77% | ||
SOXL - SMHB | 32% Poorly correlated | -7.61% | ||
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