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Avalanche (AVAX) vs Average Price: Ground Beef, 100% Beef
Correlation
of % moves
-32%
In sync
of periods
41%
History
monthsmonths · through 2026-04
23
These move in the same direction about 41% of the time
Their swing sizes only faintly mirror each other (~10% 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
AVAX moves ~9 months before Average Price: Ground Beef, 100% Beef
Watch AVAX for an early read on Average Price: Ground Beef, 100% Beef.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
40.9%
Headline metric
Movement correlation(i)
-32%
Based on % moves
95% CI
-65% → +12%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
506
Normalized
730
506
Prepared
25
506
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
10.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
23
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: -12 to 12 months.
Selected shift
+9 months
Correlation at this shift
-53%
+21% stronger than no-shift baseline
Average Price: Ground Beef, 100% Beef shifted 9 months earlier. Reads: "Does Avalanche (AVAX) today line up with Average Price: Ground Beef, 100% Beef 9 months from now?"
13 overlapping points at this shift
Baseline
-32%
No-shift correlation, matching the main time-series chart above.
Peak shift
+9 months
-53%
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%
7 periods · Return correlation when both series rose
Both Falling
N/A
2 periods · Return correlation when both series fell
Diverging
-50%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
485
A: 2 / B: 483
Series A
Avalanche (AVAX)
AVAX
Crypto · 730 raw → 25 prepared
Series B
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 506 raw → 506 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0251
Linear regression slope.
Intercept
0.0117
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-avax_fred-apu0000703112_monthly_5y