Correlation
+48%
of % moves
In sync
52%
of periods
History
462
days · through 2026-05-04
These move in the same direction about 52% of the time
Their swing sizes loosely line up (~23% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
51.5%
Headline metric
Movement correlation(i)
+48%
Based on % moves
95% CI
+41% → +55%
Likely range of correlation
Pipeline
Pipeline Summary
462 paired data points survived the daily window.
Raw input
462
1,255
Normalized
462
1,255
Prepared
462
1,255
Aligned
462
462
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)
23.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
462
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
+48%
No shift — both series at their actual dates.
462 overlapping points at this shift
Baseline
+48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+48%
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
-3%
59 periods · Return correlation when both series rose
Both Falling
+18%
65 periods · Return correlation when both series fell
Diverging
-40%
125 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
793
A: 0 / B: 793
Series A
ABVE
Stock · 462 raw → 462 prepared
Series B
CLS
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
51.4552
Linear regression slope.
Intercept
101.9718
Linear regression intercept.
Saved yesterday · ID: stock-abve_stock-cls_5y