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Astera Labs, Inc. Common Stock (ALAB) vs Case-Shiller Home Price Index
Correlation
of % moves
-42%
In sync
of periods
21%
History
monthsmonths · through 2026-03
25
These move in the same direction about 21% of the time
Their swing sizes loosely mirror each other (~18% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Case-Shiller Home Price Index moves ~10 months before ALAB
Watch Case-Shiller Home Price Index for an early read on ALAB.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
20.8%
Headline metric
Movement correlation(i)
-42%
Based on % moves
95% CI
-71% → -3%
Pipeline
Pipeline Summary
25 paired data points survived the monthly window.
Raw input
559
471
Normalized
559
471
Prepared
28
471
Aligned
25
25
Invalid removed
Likely range of correlation
R²(i)
18.0%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
25
Limited
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: -14 to 14 months.
Selected shift
-10 months
Correlation at this shift
-65%
+23% stronger than no-shift baseline
Case-Shiller Home Price Index shifted 10 months later. Reads: "Does Astera Labs, Inc. Common Stock (ALAB) today line up with Case-Shiller Home Price Index 10 months ago?"
14 overlapping points at this shift
Baseline
-42%
No-shift correlation, matching the main time-series chart above.
Peak shift
-10 months
-65%
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
N/A
2 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-65%
19 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
449
A: 3 / B: 446
Series A
Astera Labs, Inc. Common Stock (ALAB)
ALAB
Stock · 559 raw → 28 prepared
Series B
Case-Shiller Home Price Index
CSUSHPINSA
FRED · 471 raw → 471 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.0082
Linear regression slope.
Intercept
0.0018
Linear regression intercept.
Saved last month · ID: fred-csushpinsa_stock-alab_monthly_5y