Correlation Analysis
JPMorgan Chase & Co. vs CPILFESL
JPM vs CPILFESL
+0.762
Strong positive
When one moves up, the other tends to follow.
JPMorgan Chase & Co.
↗JPM
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $4.4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates and is subject to regulation in multiple countries.
Market cap 792.5B
CPILFESL
CPILFESL
Time Series
Relative Performance
Who Moves First
CPILFESL leads JPM by 6 months
CPILFESL tends to move before JPM.
After testing 13 timing shifts, the strongest relationship was +0.836 (they moved in the same direction).
Stability
Rolling Correlation
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
Correlation by Market Regime
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+0.032
24 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
+0.470
11 periods · Return correlation when series moved apart
R-Squared
58.1%
Share of variance in one series explained by the other.
Trend Agreement
57.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
58
Thin shared window — 58 usable pairs.
Significance
p < 0.001
95% CI: [0.627, 0.853]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
829
Normalized
1,254
829
Prepared
61
829
Aligned
58
58
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
774
A: 3 / B: 771
Series A
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 61 prepared
Series B
CPILFESL
FRED · 829 raw → 829 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.2189
Linear regression slope.
Intercept
266.8506
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-jpm-vs-fred-cpilfesl-monthly-20260408-xlkqqa