SeriesMagCorrOverlapThrough
These move together about 53% of the time
Light positive
Weak relationship — not much actionable signal here beyond directional colour.
AbbVie is a pharmaceutical firm with a strong exposure to immunology (with Humira, Skyrizi, and Rinvoq) and oncology (with Imbruvica and Venclexta). The company was spun off from Abbott in early 2013. The 2020 acquisition of Allergan added several new products and drugs in aesthetics, including Botox. The 2024 acquisitions of Cerevel (neuroscience) and ImmunoGen (oncology) help supplement AbbVie's portfolio.
Market cap 349.1B · 57,000 employees
Bitcoin
BTC
Layer 1 · USD pair
What to Watch
BTC moves ~6 days before ABBV
Watch BTC for an early read on ABBV.
Holds across regimes
Correlation is similar when markets rise (+4%) and fall (+6%) — 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
-6 days
Correlation at this shift
+27%
+5% stronger than no-shift baseline
Bitcoin shifted 6 days later. Reads: "Does ABBVIE INC. today line up with Bitcoin 6 days ago?"
495 overlapping points at this shift
Time series with Bitcoin shifted 6 days later
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
+22%
Pearson correlation
95% CI
+13% → +30%
Likely range
R²
4.7%
Variance explained
Trend agreement
53.1%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
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
+4%
70 periods · Return correlation when both series rose
Both Falling
+6%
59 periods · Return correlation when both series fell
Diverging
-72%
120 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
ABBVIE INC.
ABBV
Market cap 349.1B · 57,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Bitcoin
BTC
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
199.1356
Linear regression slope.
Intercept
47580.0864
Linear regression intercept.
Saved yesterday · ID: crypto:btc|stock:abbv|5Y
BTC
Bitcoin
Strongest positive