Correlation Analysis
JPMorgan Chase & Co. vs DGS2
JPM vs DGS2
+0.172
Weak 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
DGS2
DGS2
Who Moves First
DGS2 leads JPM by 6 days
DGS2 tends to move before JPM.
Best correlation after shifting: +0.180 (13 shifts scanned)
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
-0.289
15 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.689
17 periods · Return correlation when series moved apart
R-Squared
3.0%
Share of variance in one series explained by the other.
Trend Agreement
55.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,244
Deep shared window — 1,244 usable pairs.
Significance
p < 0.001
95% CI: [0.117, 0.225]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,244 paired observations survived the daily window.
Raw input
1,254
12,457
Normalized
1,254
12,457
Prepared
1,254
12,457
Aligned
1,244
1,244
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,223
A: 10 / B: 11213
Series A
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Series B
DGS2
FRED · 12,457 raw → 12,457 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.0041
Linear regression slope.
Intercept
2.5989
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-jpm-vs-fred-dgs2-daily-20260408-10ixl4