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AtlasClear Holdings, Inc. (ATCH) vs Building Permits
Correlation
of % moves
+31%
In sync
of periods
73%
History
monthsmonths · through 2026-04
27
These move in the same direction about 73% of the time
Their swing sizes only faintly line up (~10% 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
Building Permits moves ~13 months before ATCH
Watch Building Permits for an early read on ATCH.
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)
73.1%
Headline metric
Movement correlation(i)
+31%
Based on % moves
95% CI
-9% → +62%
Pipeline
Pipeline Summary
27 paired data points survived the monthly window.
Raw input
572
796
Normalized
572
796
Prepared
28
796
Aligned
27
27
Invalid removed
Likely range of correlation
R²(i)
9.6%
Variance explained
Significance
n.s.
Statistical confidence
Data points
27
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: -16 to 16 months.
Selected shift
-13 months
Correlation at this shift
+64%
+33% stronger than no-shift baseline
Building Permits shifted 13 months later. Reads: "Does AtlasClear Holdings, Inc. (ATCH) today line up with Building Permits 13 months ago?"
13 overlapping points at this shift
Baseline
+31%
No-shift correlation, matching the main time-series chart above.
Peak shift
-13 months
+64%
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
N/A
4 periods · Return correlation when both series rose
Both Falling
+18%
15 periods · Return correlation when both series fell
Diverging
-4%
7 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
770
A: 1 / B: 769
Series A
AtlasClear Holdings, Inc. (ATCH)
ATCH
Stock · 572 raw → 28 prepared
Series B
Building Permits
PERMIT
FRED · 796 raw → 796 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.0333
Linear regression slope.
Intercept
0.0052
Linear regression intercept.
Saved 2 weeks ago · ID: fred-permit_stock-atch_monthly_5y