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Above Food Ingredients Inc. Common Stock (ABVE) vs Bank Reserves
Correlation
of % moves
-14%
In sync
of periods
30%
History
monthsmonths · through 2026-06
24
These move in the same direction about 30% of the time
Their swing sizes only faintly mirror each other (~2% 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 tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
ABVE moves ~12 months before Bank Reserves
Watch ABVE for an early read on Bank Reserves.
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)
30%
Headline metric
Movement correlation(i)
-14%
Based on % moves
95% CI
-53% → +28%
Pipeline
Pipeline Summary
24 paired data points survived the monthly window.
Raw input
481
810
Normalized
481
810
Prepared
24
810
Aligned
24
24
Invalid removed
Likely range of correlation
R²(i)
2%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
23
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: -13 to 13 months.
Selected shift
+12 months
Correlation at this shift
+65%
+50% stronger than no-shift baseline
Bank Reserves shifted 12 months earlier. Reads: "Does Above Food Ingredients Inc. Common Stock (ABVE) today line up with Bank Reserves 12 months from now?"
11 overlapping points at this shift
Baseline
-14%
No-shift correlation, matching the main time-series chart above.
Peak shift
+12 months
+65%
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
1 periods · Return correlation when both series rose
Both Falling
-17%
6 periods · Return correlation when both series fell
Diverging
-65%
16 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
786
A: 0 / B: 786
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 481 raw → 24 prepared
Series B
Bank Reserves
TOTRESNS
FRED · 810 raw → 810 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0072
Linear regression slope.
Intercept
-0.0048
Linear regression intercept.
Saved 3 months ago · ID: fred-totresns_stock-abve_monthly_5y