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Above Food Ingredients Inc. Common Stock (ABVE) vs Total Vehicle Sales
Correlation
of % moves
-46%
In sync
of periods
30%
History
monthsmonths · through 2026-03
21
These move opposite each other about 30% of the time
Their swing sizes loosely mirror each other (~21% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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.
Total Vehicle Sales moves ~7 months before ABVE
Watch Total Vehicle Sales 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)
30.0%
Headline metric
Movement correlation(i)
-46%
Based on % moves
95% CI
-75% → -3%
Pipeline
Pipeline Summary
21 paired data points survived the monthly window.
Raw input
476
603
Normalized
476
603
Prepared
23
603
Aligned
21
21
Invalid removed
Likely range of correlation
R²(i)
21.5%
Variance explained
Significance
p < 0.05
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
-7 months
Correlation at this shift
+54%
+8% stronger than no-shift baseline
Total Vehicle Sales shifted 7 months later. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with Total Vehicle Sales 7 months ago?"
13 overlapping points at this shift
Baseline
-46%
No-shift correlation, matching the main time-series chart above.
Peak shift
-7 months
+54%
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
N/A
3 periods · Return correlation when both series fell
Diverging
-56%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
584
A: 2 / B: 582
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 476 raw → 23 prepared
Series B
Total Vehicle Sales
TOTALSA
FRED · 603 raw → 603 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0611
Linear regression slope.
Intercept
-0.0011
Linear regression intercept.
Saved 2 weeks ago · ID: fred-totalsa_stock-abve_monthly_5y