Correlation
+34%
of % moves
In sync
55%
of periods
History
462
days · through 2026-05-04
These move in the same direction about 55% of the time
Their swing sizes only faintly line up (~12% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
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.
GBTC moves ~6 days before ABVE
Watch GBTC for an early read on ABVE.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
55.2%
Headline metric
Movement correlation(i)
+34%
Based on % moves
95% CI
+26% → +42%
Likely range of correlation
Pipeline
Pipeline Summary
462 paired data points survived the daily window.
Raw input
1,085
462
Normalized
1,085
462
Prepared
1,085
462
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)
11.5%
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
+6 days
Correlation at this shift
+44%
+10% stronger than no-shift baseline
ABVE shifted 6 days earlier. Reads: "Does GBTC today line up with ABVE 6 days from now?"
456 overlapping points at this shift
Baseline
+34%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
+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
+17%
69 periods · Return correlation when both series rose
Both Falling
-1%
78 periods · Return correlation when both series fell
Diverging
-44%
102 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
623
A: 623 / B: 0
Series A
GBTC
Stock · 1,085 raw → 1,085 prepared
Series B
ABVE
Stock · 462 raw → 462 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.0231
Linear regression slope.
Intercept
-0.2487
Linear regression intercept.
Saved yesterday · ID: stock-abve_stock-gbtc_5y