These move together about 79% of the time
Light positive
Weak relationship — not much actionable signal here beyond directional colour.
Aave
AAVE
DeFi · USD pair
Ethereum Classic
ETC
Smart Contract · USD pair
What to Watch
Drifting from pattern
Recent correlation (+96%) is running 1.8σ away from the long-run average of +35%.
Holds across regimes
Correlation is similar when markets rise (+46%) and fall (+61%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+35%
No shift — both series at their actual dates.
730 overlapping points at this shift
Time series with Ethereum Classic at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+35%
Pearson correlation
95% CI
+28% → +41%
Likely range
R²
12.0%
Variance explained
Trend agreement
78.8%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
730
Robust
Pipeline
Pipeline Summary
730 paired data points survived the daily window.
Raw input
730
730
Normalized
730
730
Prepared
730
730
Aligned
730
730
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Do They Crash Together?
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
+46%
109 periods · Return correlation when both series rose
Both Falling
+61%
110 periods · Return correlation when both series fell
Diverging
-47%
30 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Aave
AAVE
Crypto · 730 raw → 730 prepared
Series B
Ethereum Classic
ETC
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
0.0269
Linear regression slope.
Intercept
13.6358
Linear regression intercept.
Saved 2 days ago · ID: crypto:aave|crypto:etc|5Y