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AtlasClear Holdings, Inc. (ATCH) vs Initial Jobless Claims
Correlation
of % moves
-21%
In sync
of periods
52%
History
weeksweeks · through 2026-34
132
These move in the same direction about 52% of the time
Their swing sizes only faintly mirror each other (~4% 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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
52%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-37% → -4%
Likely range of correlation
Pipeline
Pipeline Summary
132 paired data points survived the weekly window.
Raw input
644
3,112
Normalized
644
3,112
Prepared
134
3,112
Aligned
132
132
Invalid removed
R²(i)
4%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
131
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-21%
No shift — both series at their actual dates.
131 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-21%
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
-38%
20 periods · Return correlation when both series rose
Both Falling
-7%
44 periods · Return correlation when both series fell
Diverging
-13%
67 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,982
A: 2 / B: 2980
Series A
AtlasClear Holdings, Inc. (ATCH)
ATCH
Stock · 644 raw → 134 prepared
Series B
Initial Jobless Claims
ICSA
FRED · 3,112 raw → 3,112 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
30
Estimated crossover points between normalized spreads.
Slope
-0.0399
Linear regression slope.
Intercept
-0.0022
Linear regression intercept.
Saved 4 months ago · ID: fred-icsa_stock-atch_weekly_5y