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Applovin Corporation Class A Common Stock (APP) vs Total Consumer Credit
Correlation
of % moves
-43%
In sync
of periods
51%
History
monthsmonths · through 2026-03
58
These move in the same direction about 51% of the time
Their swing sizes loosely mirror each other (~19% 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
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
APP moves ~1 month before Total Consumer Credit
Watch APP for an early read on Total Consumer Credit.
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)
50.9%
Headline metric
Movement correlation(i)
-43%
Based on % moves
95% CI
-62% → -20%
Pipeline
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
999
Normalized
1,254
999
Prepared
60
999
Aligned
58
58
Invalid removed
Likely range of correlation
R²(i)
18.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
58
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
+1 month
Correlation at this shift
-55%
+11% stronger than no-shift baseline
Total Consumer Credit shifted 1 month earlier. Reads: "Does Applovin Corporation Class A Common Stock (APP) today line up with Total Consumer Credit 1 month from now?"
56 overlapping points at this shift
Baseline
-43%
No-shift correlation, matching the main time-series chart above.
Peak shift
+1 month
-55%
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
-21%
28 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-40%
28 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
943
A: 2 / B: 941
Series A
Applovin Corporation Class A Common Stock (APP)
APP
Stock · 1,254 raw → 60 prepared
Series B
Total Consumer Credit
TOTALSL
FRED · 999 raw → 999 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0099
Linear regression slope.
Intercept
0.0031
Linear regression intercept.
Saved 3 weeks ago · ID: fred-totalsl_stock-app_monthly_5y