SeriesMagCorrOverlapThrough
These move opposite each other about 58% of the time
Strong inverse
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Tech
Market cap 2T · 33,000 employees
Filecoin
FIL
Storage · USD pair
What to Watch
Unusual right now
Recent correlation (+14%) is 2.5σ from the long-run average of -77% — pair is behaving differently than usual.
Decouples in drawdowns
Correlation weakens when both fall (-2%) vs when both rise (-25%) — don't count on this pair as a hedge under stress.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
-77%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Filecoin at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-77%
Pearson correlation
95% CI
-81% → -74%
Likely range
R²
59.9%
Variance explained
Trend agreement
58.4%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
-25%
80 periods · Return correlation when both series rose
Both Falling
-2%
73 periods · Return correlation when both series fell
Diverging
-38%
96 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 2T · 33,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Filecoin
FIL
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.0146
Linear regression slope.
Intercept
6.6819
Linear regression intercept.
Saved yesterday · ID: crypto:fil|stock:avgo|5Y