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Astera Labs, Inc. Common Stock (ALAB) vs Credo Technology Group Holding Ltd Ordinary Shares (CRDO)
Correlation
of % moves
+61%
In sync
of periods
74%
History
daysdays · through 2026-06-11
559
These move in the same direction about 74% of the time
Their swing sizes loosely line up (~37% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
73.7%
Headline metric
Movement correlation(i)
+61%
Based on % moves
95% CI
+56% → +66%
Likely range of correlation
Pipeline
Pipeline Summary
559 paired data points survived the daily window.
Raw input
559
1,097
Normalized
559
1,097
Prepared
559
1,097
Aligned
559
559
Invalid removed
R²(i)
37.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
559
Robust
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
+61%
No shift — both series at their actual dates.
558 overlapping points at this shift
Baseline
+61%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+61%
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
+61%
113 periods · Return correlation when both series rose
Both Falling
+52%
88 periods · Return correlation when both series fell
Diverging
-48%
48 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
538
A: 0 / B: 538
Series A
Astera Labs, Inc. Common Stock (ALAB)
ALAB
Stock · 559 raw → 559 prepared
Series B
Credo Technology Group Holding Ltd Ordinary Shares (CRDO)
CRDO
Stock · 1,097 raw → 1,097 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
24
Estimated crossover points between normalized spreads.
Slope
0.5988
Linear regression slope.
Intercept
0.0027
Linear regression intercept.
Saved last month · ID: stock-alab_stock-crdo_daily_5y