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Above Food Ingredients Inc. Common Stock (ABVE) vs Sticky Price CPI
Correlation
of % moves
-15%
In sync
of periods
57%
History
monthsmonths · through 2026-04
22
These move in the same direction about 57% of the time
Their swing sizes only faintly mirror each other (~2% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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
Sticky Price CPI moves ~7 months before ABVE
Watch Sticky Price CPI for an early read on ABVE.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
57.1%
Headline metric
Movement correlation(i)
-15%
Based on % moves
95% CI
-55% → +30%
Pipeline
Pipeline Summary
22 paired data points survived the monthly window.
Raw input
481
700
Normalized
481
700
Prepared
24
700
Aligned
22
22
Invalid removed
Likely range of correlation
R²(i)
2.3%
Variance explained
Significance
n.s.
Statistical confidence
Data points
22
Limited
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: -11 to 11 months.
Selected shift
-7 months
Correlation at this shift
-44%
+29% stronger than no-shift baseline
Sticky Price CPI shifted 7 months later. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with Sticky Price CPI 7 months ago?"
14 overlapping points at this shift
Baseline
-15%
No-shift correlation, matching the main time-series chart above.
Peak shift
-7 months
-44%
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
N/A
2 periods · Return correlation when both series rose
Both Falling
-0%
10 periods · Return correlation when both series fell
Diverging
-72%
9 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
680
A: 2 / B: 678
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 481 raw → 24 prepared
Series B
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 700 raw → 700 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0124
Linear regression slope.
Intercept
-0.0158
Linear regression intercept.
Saved last month · ID: fred-corestickm159sfrbatl_stock-abve_monthly_5y