These move opposite each other about 60% of the time
Weak inverse
Weak relationship — not much actionable signal here beyond directional colour.
Advanced Micro Devices designs a variety of digital semiconductors for markets such as PCs, gaming consoles, data centers (including artificial intelligence), industrial, and automotive applications. AMD's traditional strength was in central processing units and graphics processing units used in PCs and data centers. However, AMD is emerging as a prominent player in AI GPUs and related hardware. Additionally, the firm supplies the chips found in prominent game consoles such as the Sony PlayStation and Microsoft Xbox.
Market cap 545.6B · 31,000 employees
XRP
XRP
Layer 1 · USD pair
What to Watch
Holds across regimes
Correlation is similar when markets rise (-3%) and fall (+17%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
-8%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with XRP at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-8%
Pearson correlation
95% CI
-17% → +1%
Likely range
R²
0.7%
Variance explained
Trend agreement
59.7%
Same-direction moves
Significance
n.s.
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
-3%
74 periods · Return correlation when both series rose
Both Falling
+17%
78 periods · Return correlation when both series fell
Diverging
-35%
97 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Advanced Micro Devices
AMD
Market cap 545.6B · 31,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
XRP
XRP
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
25
Estimated crossover points between normalized spreads.
Slope
-0.0015
Linear regression slope.
Intercept
2.0210
Linear regression intercept.
Saved 2 days ago · ID: crypto:xrp|stock:amd|5Y