Correlation Analysis
JPMorgan Chase & Co. vs Reddit, Inc.
JPM vs RDDT
+0.883
Very 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
Reddit, Inc.
↗RDDT
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.
Market cap 26.4B · 2,555 employees
Time Series
Relative Performance
Who Moves First
RDDT leads JPM by 2 days
RDDT tends to move before JPM.
After testing 13 timing shifts, the strongest relationship was +0.883 (they moved in the same direction).
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
+0.454
15 periods · Return correlation when both series rose
Both Falling
+0.246
7 periods · Return correlation when both series fell
Diverging
-0.607
13 periods · Return correlation when series moved apart
R-Squared
78.0%
Share of variance in one series explained by the other.
Trend Agreement
55.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
512
Robust shared window — 512 usable pairs.
Significance
p < 0.001
95% CI: [0.862, 0.901]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
512 paired data points survived the daily window.
Raw input
1,254
512
Normalized
1,254
512
Prepared
1,254
512
Aligned
512
512
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
742
A: 742 / B: 0
Series A
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Series B
Reddit, Inc.
RDDT
Market cap 26.4B · 2,555 employees
Stock · 512 raw → 512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
1.3240
Linear regression slope.
Intercept
-203.6619
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-jpm-vs-stock-rddt-daily