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Astera Labs, Inc. Common Stock (ALAB) vs USD/MYR Exchange Rate
Correlation
of % moves
-6%
In sync
of periods
47%
History
daysdays · through 2026-05-15
537
These move opposite each other about 47% of the time
Their swing sizes only faintly mirror each other (~0% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
ALAB moves ~6 days before USD/MYR Exchange Rate
Watch ALAB for an early read on USD/MYR Exchange Rate.
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)
47.0%
Headline metric
Movement correlation(i)
-6%
Based on % moves
95% CI
-15% → +2%
Likely range of correlation
Pipeline
Pipeline Summary
537 paired data points survived the daily window.
Raw input
546
13,863
Normalized
546
13,863
Prepared
546
13,863
Aligned
537
537
Invalid removed
R²(i)
0.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
537
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
+6 days
Correlation at this shift
+13%
+6% stronger than no-shift baseline
USD/MYR Exchange Rate shifted 6 days earlier. Reads: "Does Astera Labs, Inc. Common Stock (ALAB) today line up with USD/MYR Exchange Rate 6 days from now?"
530 overlapping points at this shift
Baseline
-6%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
+13%
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
-10%
58 periods · Return correlation when both series rose
Both Falling
+24%
67 periods · Return correlation when both series fell
Diverging
-40%
124 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,335
A: 9 / B: 13326
Series A
Astera Labs, Inc. Common Stock (ALAB)
ALAB
Stock · 546 raw → 546 prepared
Series B
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,863 raw → 13,863 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0043
Linear regression slope.
Intercept
-0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexmaus_stock-alab_daily_5y