Correlation Analysis
JPMorgan Chase & Co. vs PCE
JPM vs PCE
+0.803
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
PCE
PCE
Who Moves First
PCE leads JPM by 6 months
PCE tends to move before JPM.
Best correlation after shifting: +0.861 (13 shifts scanned)
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
-0.212
25 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-0.348
10 periods · Return correlation when series moved apart
R-Squared
64.5%
Share of variance in one series explained by the other.
Trend Agreement
54.4%
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: [0.688, 0.879]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
58 paired observations survived the monthly window.
Raw input
1,254
805
Normalized
1,254
805
Prepared
61
805
Aligned
58
58
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
750
A: 3 / B: 747
Series A
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 61 prepared
Series B
PCE
FRED · 805 raw → 805 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
21.4298
Linear regression slope.
Intercept
14923.6425
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-jpm-vs-fred-pce-monthly-20260408-1tn8ls