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Alnylam Pharmaceuticals, Inc. (ALNY) vs 10-Year Real Interest Rate
Correlation
of % moves
-35%
In sync
of periods
31%
History
monthsmonths · through 2026-08
60
These move in the same direction about 31% of the time
Their swing sizes only faintly mirror each other (~12% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
31%
Headline metric
Movement correlation(i)
-35%
Based on % moves
95% CI
-56% → -10%
Likely range of correlation
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,252
536
Normalized
1,252
536
Prepared
61
536
Aligned
60
60
Invalid removed
R²(i)
12%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points(i)
59
Thin
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-35%
No shift — both series at their actual dates.
59 overlapping points at this shift
Baseline
-35%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-35%
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
-42%
9 periods · Return correlation when both series rose
Both Falling
-39%
9 periods · Return correlation when both series fell
Diverging
-51%
41 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
477
A: 1 / B: 476
Series A
Alnylam Pharmaceuticals, Inc. (ALNY)
ALNY
Stock · 1,252 raw → 61 prepared
Series B
10-Year Real Interest Rate
REAINTRATREARAT10Y
FRED · 536 raw → 536 prepared
Sign agreement
98.3%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
-0.8056
Linear regression slope.
Intercept
0.0434
Linear regression intercept.
Saved 4 months ago · ID: fred-reaintratrearat10y_stock-alny_monthly_5y