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Correlation
of % moves
+2%
In sync
of periods
51%
History
daysdays · through 2026-05-22
1,140
These move in the same direction about 51% of the time
Their swing sizes barely line up — almost no shared pattern.
Roughly random — these don't track each other in a meaningful way.
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
BMY moves ~3 days before META
Watch BMY for an early read on META.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
50.8%
Headline metric
Movement correlation(i)
+2%
Based on % moves
95% CI
-4% → +8%
Likely range of correlation
Pipeline
Pipeline Summary
1,140 paired data points survived the daily window.
Raw input
1,140
1,253
Normalized
1,140
1,253
Prepared
1,140
1,253
Aligned
1,140
1,140
Invalid removed
R²(i)
0.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
1,140
Deep
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
-3 days
Correlation at this shift
-7%
+5% stronger than no-shift baseline
Bristol-Myers Squibb Co. (BMY) shifted 3 days later. Reads: "Does Meta Platforms, Inc. Class A Common Stock (META) today line up with Bristol-Myers Squibb Co. (BMY) 3 days ago?"
1,132 overlapping points at this shift
Baseline
+2%
No-shift correlation, matching the main time-series chart above.
Peak shift
-3 days
-7%
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
+1%
46 periods · Return correlation when both series rose
Both Falling
+26%
43 periods · Return correlation when both series fell
Diverging
-59%
72 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
113
A: 0 / B: 113
Series A
Meta Platforms, Inc. Class A Common Stock (META)
META
Stock · 1,140 raw → 1,140 prepared
Series B
Bristol-Myers Squibb Co. (BMY)
BMY
Stock · 1,253 raw → 1,253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0109
Linear regression slope.
Intercept
-0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: stock-bmy_stock-meta_daily_5y