Correlation
+21%
of % moves
In sync
60%
of periods
History
499
days · through 2026-05-01
These move in the same direction about 60% of the time
Their swing sizes only faintly line up (~4% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
59.8%
Headline metric
Movement correlation(i)
+21%
Based on % moves
95% CI
+12% → +29%
Likely range of correlation
Pipeline
Pipeline Summary
499 paired data points survived the daily window.
Raw input
730
13,927
Normalized
730
13,927
Prepared
730
13,927
Aligned
499
499
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
4.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
499
Robust
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
+21%
No shift — both series at their actual dates.
499 overlapping points at this shift
Baseline
+21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+21%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
+10%
90 periods · Return correlation when both series rose
Both Falling
+22%
78 periods · Return correlation when both series fell
Diverging
-44%
81 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,659
A: 231 / B: 13428
Series A
AAVE
AAVE
Crypto · 730 raw → 730 prepared
Series B
NASDAQCOM
FRED · 13,927 raw → 13,927 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
6.3613
Linear regression slope.
Intercept
18892.5958
Linear regression intercept.
Saved 5 hours ago · ID: crypto-aave_fred-nasdaqcom_5y