Loading market view
Loading market view
Loading correlations
AtlasClear Holdings, Inc. (ATCH) vs Building Permits
Correlation
of % moves
+30%
In sync
of periods
72%
History
monthsmonths · through 2026-07
30
These move in the same direction about 72% of the time
Their swing sizes only faintly line up (~9% 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)
72%
Headline metric
Movement correlation(i)
+30%
Based on % moves
95% CI
-8% → +60%
Pipeline
Pipeline Summary
30 paired data points survived the monthly window.
Raw input
644
799
Normalized
644
799
Prepared
32
799
Aligned
30
30
Invalid removed
Likely range of correlation
R²(i)
9%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
29
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: -18 to 18 months.
Selected shift
-13 months
Correlation at this shift
+62%
+32% 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?"
16 overlapping points at this shift
Baseline
+30%
No-shift correlation, matching the main time-series chart above.
Peak shift
-13 months
+62%
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
+21%
17 periods · Return correlation when both series fell
Diverging
-2%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
771
A: 2 / B: 769
Series A
AtlasClear Holdings, Inc. (ATCH)
ATCH
Stock · 644 raw → 32 prepared
Series B
Building Permits
PERMIT
FRED · 799 raw → 799 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0322
Linear regression slope.
Intercept
0.0046
Linear regression intercept.
Saved 4 months ago · ID: fred-permit_stock-atch_monthly_5y