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Astera Labs, Inc. Common Stock (ALAB) vs Housing Starts
Correlation
of % moves
-36%
In sync
of periods
54%
History
monthsmonths · through 2026-05
27
These move in the same direction about 54% of the time
Their swing sizes only faintly mirror each other (~13% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
ALAB moves ~14 months before Housing Starts
Watch ALAB for an early read on Housing Starts.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
54%
Headline metric
Movement correlation(i)
-36%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
27 paired data points survived the monthly window.
Raw input
577
809
Normalized
577
809
Prepared
29
809
Aligned
27
27
Invalid removed
13%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
26
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: -16 to 16 months.
Selected shift
+14 months
Correlation at this shift
+46%
+10% stronger than no-shift baseline
Housing Starts shifted 14 months earlier. Reads: "Does Astera Labs, Inc. Common Stock (ALAB) today line up with Housing Starts 14 months from now?"
12 overlapping points at this shift
Baseline
-36%
No-shift correlation, matching the main time-series chart above.
Peak shift
+14 months
+46%
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
+25%
7 periods · Return correlation when both series rose
Both Falling
-4%
7 periods · Return correlation when both series fell
Diverging
-93%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
784
A: 2 / B: 782
Series A
Astera Labs, Inc. Common Stock (ALAB)
ALAB
Stock · 577 raw → 29 prepared
Series B
Housing Starts
HOUST
FRED · 809 raw → 809 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
12
Estimated crossover points between normalized spreads.
Slope
-0.1161
Linear regression slope.
Intercept
0.0017
Linear regression intercept.
Saved 3 months ago · ID: fred-houst_stock-alab_monthly_5y