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ABVE vs FUS Core CPIAbove Food Ingredients Inc. Common Stock (ABVE) vs US Core CPI
Correlation
of % moves
+35%
In sync
of periods
33%
History
monthsmonths · through 2026-06
23
These move in the same direction about 33% of the time
Their swing sizes only faintly line up (~12% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
US Core CPI moves ~2 months before ABVE
Watch US Core 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)
33%
Headline metric
Movement correlation(i)
+35%
Based on % moves
95% CI
-10% → +68%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
481
833
Normalized
481
833
Prepared
24
833
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
12%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
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: -5 to 5 months.
Selected shift
-2 months
Correlation at this shift
-60%
+26% stronger than no-shift baseline
US Core CPI shifted 2 months later. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with US Core CPI 2 months ago?"
17 overlapping points at this shift
Baseline
+35%
No-shift correlation, matching the main time-series chart above.
Peak shift
-2 months
-60%
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
-18%
6 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
+11%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
811
A: 1 / B: 810
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 481 raw → 24 prepared
Series B
US Core CPI
CPILFESL
FRED · 833 raw → 833 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0008
Linear regression slope.
Intercept
0.0025
Linear regression intercept.
Saved 3 months ago · ID: fred-cpilfesl_stock-abve_monthly_5y