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Bitcoin Cash (BCH) vs PPI: All Commodities
Correlation
of % moves
-37%
In sync
of periods
50%
History
monthsmonths · through 2026-05
23
These move in the same direction about 50% of the time
Their swing sizes only faintly mirror each other (~13% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
PPI: All Commodities moves ~5 months before BCH
Watch PPI: All Commodities for an early read on BCH.
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)
50%
Headline metric
Movement correlation(i)
-37%
Based on % moves
95% CI
N/A
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
730
1,361
Normalized
730
1,361
Prepared
25
1,361
Aligned
23
23
Invalid removed
Likely range
R²(i)
13%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
22
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
-5 months
Correlation at this shift
+66%
+29% stronger than no-shift baseline
PPI: All Commodities shifted 5 months later. Reads: "Does Bitcoin Cash (BCH) today line up with PPI: All Commodities 5 months ago?"
17 overlapping points at this shift
Baseline
-37%
No-shift correlation, matching the main time-series chart above.
Peak shift
-5 months
+66%
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
-42%
7 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-58%
11 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,340
A: 2 / B: 1338
Series A
Bitcoin Cash (BCH)
BCH
Crypto · 730 raw → 25 prepared
Series B
PPI: All Commodities
PPIACO
FRED · 1,361 raw → 1,361 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
-0.0316
Linear regression slope.
Intercept
0.0059
Linear regression intercept.
Saved 3 months ago · ID: crypto-bch_fred-ppiaco_monthly_5y