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Correlation
of % moves
+46%
In sync
of periods
67%
History
daysdays · through 2026-07-09
170
These move in the same direction about 67% of the time
Their swing sizes loosely line up (~21% 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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
67%
Headline metric
Movement correlation(i)
+46%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
170 paired data points survived the daily window.
Raw input
577
170
Normalized
577
170
Prepared
577
170
Aligned
170
170
Invalid removed
21%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
169
Usable
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
+46%
No shift — both series at their actual dates.
169 overlapping points at this shift
Baseline
+46%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+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
+34%
66 periods · Return correlation when both series rose
Both Falling
+68%
47 periods · Return correlation when both series fell
Diverging
-53%
56 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
407
A: 407 / B: 0
Series A
Astera Labs, Inc. Common Stock (ALAB)
ALAB
Stock · 577 raw → 577 prepared
Series B
Qnity Electronics, Inc. (Q)
Q
Stock · 170 raw → 170 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.2725
Linear regression slope.
Intercept
0.0011
Linear regression intercept.
Saved 3 months ago · ID: stock-alab_stock-q_daily_5y