These move together about 58% of the time
Light positive
Weak relationship — not much actionable signal here beyond directional colour.
Oracle provides enterprise applications and infrastructure offerings through a variety of flexible IT deployment models, including on-premises, cloud-based, and hybrid. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system, which is commonly used by the world's largest companies for high-volume online transaction processing workloads. Besides databases, Oracle also sells enterprise resource planning platforms and cloud infrastructure that play an increasingly important role in large language model training and inferencing.
Market cap 497.4B · 162,000 employees
Cardano
ADA
Smart Contract · USD pair
What to Watch
Drifting from pattern
Recent correlation (+91%) is running 1.4σ away from the long-run average of +40%.
Tighter in drawdowns
Pair moves more tightly when both fall (+27%) than when both rise (-3%) — 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
+40%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Cardano 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
+40%
Pearson correlation
95% CI
+32% → +47%
Likely range
R²
15.9%
Variance explained
Trend agreement
58.1%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
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.
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
-3%
60 periods · Return correlation when both series rose
Both Falling
+27%
74 periods · Return correlation when both series fell
Diverging
-42%
115 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Oracle Corp
ORCL
Market cap 497.4B · 162,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Cardano
ADA
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
0.0021
Linear regression slope.
Intercept
0.1989
Linear regression intercept.
Saved 2 days ago · ID: crypto:ada|stock:orcl|5Y
ADA
Cardano
Strongest inverse