SeriesMagCorrOverlapThrough
These move together about 67% of the time
Moderate positive
A real but noisy link — useful as context, risky as a standalone signal.
Founded in 2012, Coinbase is the leading cryptocurrency exchange platform in the United States. The company intends to be the safe and regulation-compliant point of entry for retail investors and institutions into the cryptocurrency economy. Users can establish an account directly with the firm, instead of using an intermediary, and many choose to allow Coinbase to act as a custodian for their cryptocurrency, giving the company breadth beyond that of a traditional financial exchange. While the company still generates the majority of its revenue from transaction fees charged to its retail customers, Coinbase uses internal investment and acquisitions to expand into adjacent businesses, such as
Market cap 51.9B · 4,951 employees
Bitcoin Cash
BCH
Layer 1 · USD pair
What to Watch
Holds across regimes
Correlation is similar when markets rise (+31%) and fall (+47%) — reliable in both directions.
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
+57%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Bitcoin Cash 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
+57%
Pearson correlation
95% CI
+51% → +63%
Likely range
R²
32.8%
Variance explained
Trend agreement
67.1%
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
+31%
90 periods · Return correlation when both series rose
Both Falling
+47%
102 periods · Return correlation when both series fell
Diverging
-38%
57 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
Coinbase Global, Inc. Class A Common Stock
COIN
Market cap 51.9B · 4,951 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Bitcoin Cash
BCH
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
24
Estimated crossover points between normalized spreads.
Slope
0.8574
Linear regression slope.
Intercept
239.0522
Linear regression intercept.
Saved yesterday · ID: crypto:bch|stock:coin|5Y
BCH
Bitcoin Cash
Strongest positive