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AeroVironment, Inc. (AVAV) vs Average Price: Ground Beef, 100% Beef
Correlation
of % moves
+26%
In sync
of periods
62%
History
monthsmonths · through 2026-05
58
These move in the same direction about 62% of the time
Their swing sizes only faintly line up (~7% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
AVAV moves ~14 months before Average Price: Ground Beef, 100% Beef
Watch AVAV for an early read on Average Price: Ground Beef, 100% Beef.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
62%
Headline metric
Movement correlation(i)
+26%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
507
Normalized
1,254
507
Prepared
61
507
Aligned
58
58
Invalid removed
7%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
56
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
+14 months
Correlation at this shift
+32%
+6% stronger than no-shift baseline
Average Price: Ground Beef, 100% Beef shifted 14 months earlier. Reads: "Does AeroVironment, Inc. (AVAV) today line up with Average Price: Ground Beef, 100% Beef 14 months from now?"
36 overlapping points at this shift
Baseline
+26%
No-shift correlation, matching the main time-series chart above.
Peak shift
+14 months
+32%
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
+14%
22 periods · Return correlation when both series rose
Both Falling
-35%
12 periods · Return correlation when both series fell
Diverging
-59%
22 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
452
A: 3 / B: 449
Series A
AeroVironment, Inc. (AVAV)
AVAV
Stock · 1,254 raw → 61 prepared
Series B
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 507 raw → 507 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0358
Linear regression slope.
Intercept
0.0068
Linear regression intercept.
Saved 3 months ago · ID: fred-apu0000703112_stock-avav_monthly_5y