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Correlation
of % moves
+20%
In sync
of periods
55%
History
daysdays · through 2026-05-22
192
These move in the same direction about 55% of the time
Their swing sizes only faintly line up (~4% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
54.8%
Headline metric
Movement correlation(i)
+20%
Based on % moves
95% CI
+6% → +33%
Likely range of correlation
Pipeline
Pipeline Summary
192 paired data points survived the daily window.
Raw input
476
589
Normalized
476
589
Prepared
476
589
Aligned
192
192
Invalid removed
R²(i)
4.0%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
192
Usable
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
+20%
No shift — both series at their actual dates.
191 overlapping points at this shift
Baseline
+20%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+20%
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
-24%
43 periods · Return correlation when both series rose
Both Falling
+2%
60 periods · Return correlation when both series fell
Diverging
-32%
88 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
681
A: 284 / B: 397
Series A
Above Food Ingredients Inc. Common Stock (ABVE)
ABVE
Stock · 476 raw → 476 prepared
Series B
Velo3D, Inc. Common stock (VELO)
VELO
Stock · 589 raw → 589 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.2150
Linear regression slope.
Intercept
0.0114
Linear regression intercept.
Saved 2 weeks ago · ID: stock-abve_stock-velo_daily_5y