Correlation Analysis
JPMorgan Chase & Co. vs VICI Properties Inc. Common Stock
JPM vs VICI
-0.066
Weak inverse
When one moves up, the other tends to move down.
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
VICI Properties Inc. Common Stock
↗VICI
VICI Properties Inc is a real estate investment trust based in the United States. It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. It own nearly 93 experiential assets across a geographically portfolio consisting of nearly 54 gaming properties and nearly 39 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
Market cap 29.6B · 28 employees
Time Series
Relative Performance
Who Moves First
JPM leads VICI by 6 days
JPM tends to move before VICI.
After testing 13 timing shifts, the strongest relationship was -0.080 (they moved in opposite directions).
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
-0.006
13 periods · Return correlation when both series rose
Both Falling
-0.134
7 periods · Return correlation when both series fell
Diverging
-0.510
15 periods · Return correlation when series moved apart
R-Squared
0.4%
Share of variance in one series explained by the other.
Trend Agreement
62.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
p < 0.05
95% CI: [-0.121, -0.010]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired data points survived the daily window.
Raw input
1,254
1,254
Normalized
1,254
1,254
Prepared
1,254
1,254
Aligned
1,254
1,254
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Series B
VICI Properties Inc. Common Stock
VICI
Market cap 29.6B · 28 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0020
Linear regression slope.
Intercept
31.1121
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
JPM
JPMorgan Chase & Co.
Highest
+0.977
Royal Caribbean Group
RCL · 1,254 data points
Lowest
-0.873
The Kraft Heinz Company Common Stock
KHC · 1,254 data points
VICI
VICI Properties Inc. Common Stock
Highest
+0.090
Exxon Mobil Corporation
XOM · 1,254 data points
Lowest
-0.330
Micron Technology, Inc.
MU · 1,254 data points
Saved 6 hours ago · ID: stock-jpm-vs-stock-vici-daily