Loading market view
Loading market view
Loading correlations
Alnylam Pharmaceuticals Inc. (ALNY) vs Median Home Price
Correlation
of % moves
+29%
In sync
of periods
72%
History
monthsmonths · through 2026-01
19
These move in the same direction about 72% of the time
Their swing sizes only faintly line up (~8% 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
ALNY moves ~6 months before Median Home Price
Watch ALNY for an early read on Median Home Price.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Advanced
Statistics
In sync(i)
72.2%
Headline metric
Movement correlation(i)
+29%
Based on % moves
95% CI
-21% → +66%
Likely range of correlation
Pipeline
Pipeline Summary
19 paired data points survived the monthly window.
Raw input
1,254
253
Normalized
1,254
253
Prepared
61
253
Aligned
19
19
Invalid removed
R²(i)
8.2%
Variance explained
Significance
n.s.
Statistical confidence
Data points
19
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: -8 to 8 months.
Selected shift
+6 months
Correlation at this shift
-71%
+43% stronger than no-shift baseline
Median Home Price shifted 6 months earlier. Reads: "Does Alnylam Pharmaceuticals Inc. (ALNY) today line up with Median Home Price 6 months from now?"
12 overlapping points at this shift
Baseline
+29%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 months
-71%
A non-zero peak suggests one series lines up better when shifted against the other.
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%
7 periods · Return correlation when both series rose
Both Falling
-15%
6 periods · Return correlation when both series fell
Diverging
-57%
5 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
276
A: 42 / B: 234
Series A
ALNY
Stock · 1,254 raw → 61 prepared
Series B
Median Home Price
MSPUS
FRED · 253 raw → 253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
0.0328
Linear regression slope.
Intercept
-0.0002
Linear regression intercept.
Saved 2 weeks ago · ID: fred-mspus_stock-alny_monthly_5y