These move opposite each other about 69% of the time
Light inverse
Weak relationship — not much actionable signal here beyond directional colour.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
Market cap 348.6B · 86,200 employees
Accenture is a leading IT services firm that provides consulting, system integration, and business process outsourcing to enterprises around the world. Customers of Accenture come from a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture is the world's largest professional services company by headcount, with around 800,000 employees in over 120 countries.
What to Watch
Tighter in drawdowns
Pair moves more tightly when both fall (+51%) than when both rise (+25%) — typical risk-off behaviour.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
-37%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Accenture PLC at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-37%
Pearson correlation
95% CI
-42% → -32%
Likely range
R²
13.7%
Variance explained
Trend agreement
68.7%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Market cap 110.4B · 779,000 employees
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
+25%
104 periods · Return correlation when both series rose
Both Falling
+51%
89 periods · Return correlation when both series fell
Diverging
-46%
56 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Cisco Systems, Inc. Common Stock (DE)
CSCO
Market cap 348.6B · 86,200 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Accenture PLC
ACN
Market cap 110.4B · 779,000 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
36
Estimated crossover points between normalized spreads.
Slope
-1.5879
Linear regression slope.
Intercept
394.5449
Linear regression intercept.
Saved 1 hour ago · ID: stock-acn_stock-csco_5y
ACN
Accenture PLC