Loading market view
Loading market view
Loading correlations
Affirm Holdings, Inc. Class A Common Stock (AFRM) vs Portillo's Inc. Class A Common Stock (PTLO)
Correlation
of % moves
+35%
In sync
of periods
64%
History
daysdays · through 2026-07-09
1,182
These move in the same direction about 64% of the time
Their swing sizes only faintly line up (~12% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
64%
Headline metric
Movement correlation(i)
+35%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
1,182 paired data points survived the daily window.
Raw input
1,254
1,182
Normalized
1,254
1,182
Prepared
1,254
1,182
Aligned
1,182
1,182
Invalid removed
12%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
1,181
Deep
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
+35%
No shift — both series at their actual dates.
1,181 overlapping points at this shift
Baseline
+35%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+35%
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%
58 periods · Return correlation when both series rose
Both Falling
+68%
66 periods · Return correlation when both series fell
Diverging
-44%
40 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
72
A: 72 / B: 0
Series A
Affirm Holdings, Inc. Class A Common Stock (AFRM)
AFRM
Stock · 1,254 raw → 1,254 prepared
Series B
Portillo's Inc. Class A Common Stock (PTLO)
PTLO
Stock · 1,182 raw → 1,182 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
30
Estimated crossover points between normalized spreads.
Slope
0.2157
Linear regression slope.
Intercept
-0.0014
Linear regression intercept.
Saved 3 months ago · ID: stock-afrm_stock-ptlo_daily_5y