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Above Food Ingredients Inc. Common Stock (ABVE) vs Case-Shiller Home Price Index
Correlation
of % moves
+19%
In sync
of periods
58%
History
monthsmonths · through 2026-02
20
These move in the same direction about 58% of the time
Their swing sizes only faintly line up (~4% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
ABVE moves ~8 months before Case-Shiller Home Price Index
Watch ABVE for an early read on Case-Shiller Home Price Index.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
57.9%
Headline metric
Movement correlation(i)
+19%
Based on % moves
95% CI
-29% → +59%
Pipeline
Pipeline Summary
20 paired data points survived the monthly window.
Raw input
476
470
Normalized
476
470
Prepared
23
470
Aligned
20
20
Invalid removed
Likely range of correlation
R²(i)
3.6%
Variance explained
Significance
n.s.
Statistical confidence
Data points
20
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: -9 to 9 months.
Selected shift
+8 months
Correlation at this shift
-73%
+54% stronger than no-shift baseline
Case-Shiller Home Price Index shifted 8 months earlier. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with Case-Shiller Home Price Index 8 months from now?"
11 overlapping points at this shift
Baseline
+19%
No-shift correlation, matching the main time-series chart above.
Peak shift
+8 months
-73%
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
3 periods · Return correlation when both series rose
Both Falling
-26%
8 periods · Return correlation when both series fell
Diverging
-41%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
453
A: 3 / B: 450
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 476 raw → 23 prepared
Series B
Case-Shiller Home Price Index
CSUSHPINSA
FRED · 470 raw → 470 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
0.0017
Linear regression slope.
Intercept
0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: fred-csushpinsa_stock-abve_monthly_5y