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Above Food Ingredients Inc. Common Stock (ABVE) vs Kratos Defense & Security Solutions, Inc. (KTOS)
Correlation
of % moves
+14%
In sync
of periods
51%
History
daysdays · through 2026-06-01
481
These move in the same direction about 51% of the time
Their swing sizes only faintly line up (~2% 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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
51%
Headline metric
Movement correlation(i)
+14%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
481 paired data points survived the daily window.
Raw input
481
1,254
Normalized
481
1,254
Prepared
481
1,254
Aligned
481
481
Invalid removed
2%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
480
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
No shift
Correlation at this shift
+14%
No shift — both series at their actual dates.
480 overlapping points at this shift
Baseline
+14%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+14%
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
+36%
66 periods · Return correlation when both series rose
Both Falling
+9%
82 periods · Return correlation when both series fell
Diverging
-36%
101 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
773
A: 0 / B: 773
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 481 raw → 481 prepared
Series B
Kratos Defense & Security Solutions, Inc. (KTOS)
KTOS
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0341
Linear regression slope.
Intercept
0.0027
Linear regression intercept.
Saved 3 months ago · ID: stock-abve_stock-ktos_daily_5y