SeriesMagCorrOverlapThrough
These move together about 66% of the time
Strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Bank of America is a formidable financial titan with a $3.5 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. While the firm has maintained its stronghold among middle-market and retail clientele domestically, Bank of America has continued to hold its own on the global stage, as evidenced by its fourth-largest global trading operation and an investment banking division that regularly finishes in the top four in global league tables. The firm is organized across four segments: consumer banking, global wealth and investment management, global banking, and global markets.
Market cap 375.2B · 213,000 employees
Carnival is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.
What to Watch
Tighter in drawdowns
Pair moves more tightly when both fall (+67%) than when both rise (+25%) — typical risk-off behaviour.
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
+85%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Carnival Corporation 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
+85%
Pearson correlation
95% CI
+83% → +86%
Likely range
R²
71.8%
Variance explained
Trend agreement
66.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
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.
Market cap 37.1B · 117,000 employees
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%
104 periods · Return correlation when both series rose
Both Falling
+67%
100 periods · Return correlation when both series fell
Diverging
-45%
45 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Bank of America Corporation
BAC
Market cap 375.2B · 213,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Carnival Corporation
CCL
Market cap 37.1B · 117,000 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
59
Estimated crossover points between normalized spreads.
Slope
0.7615
Linear regression slope.
Intercept
-11.1899
Linear regression intercept.
Saved 2 hours ago · ID: stock-bac_stock-ccl_5y
CCL
Carnival Corporation
Strongest positive