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ABVE vs FUS Core CPIAbove Food Ingredients Inc. Common Stock (ABVE) vs US Core CPI
Correlation
of % moves
-23%
In sync
of periods
35%
History
monthsmonths · through 2026-04
21
These move opposite each other about 35% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
US Core CPI moves ~9 months before ABVE
Watch US Core CPI for an early read on ABVE.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
35.0%
Headline metric
Movement correlation(i)
-23%
Based on % moves
95% CI
-61% → +23%
Pipeline
Pipeline Summary
21 paired data points survived the monthly window.
Raw input
476
831
Normalized
476
831
Prepared
23
831
Aligned
21
21
Invalid removed
Likely range of correlation
R²(i)
5.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
21
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: -10 to 10 months.
Selected shift
-9 months
Correlation at this shift
+51%
+28% stronger than no-shift baseline
US Core CPI shifted 9 months later. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with US Core CPI 9 months ago?"
11 overlapping points at this shift
Baseline
-23%
No-shift correlation, matching the main time-series chart above.
Peak shift
-9 months
+51%
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
-31%
7 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
+13%
13 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
812
A: 2 / B: 810
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 476 raw → 23 prepared
Series B
US Core CPI
CPILFESL
FRED · 831 raw → 831 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0006
Linear regression slope.
Intercept
0.0025
Linear regression intercept.
Saved 2 weeks ago · ID: fred-cpilfesl_stock-abve_monthly_5y