SeriesMagCorrSyncOverlapThrough
Correlation
-72%
of % moves
In sync
53%
of periods
History
1,255
days · through 2026-05-01
These move opposite each other about 53% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~52% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
Approximate (legacy record)In sync(i)
52.6%
Headline metric
Movement correlation(i)
-72%
Based on % moves
95% CI
-75% → -70%
Likely range of correlation
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
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
52.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,255
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
No shift
Correlation at this shift
-72%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Baseline
-72%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-72%
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
+7%
69 periods · Return correlation when both series rose
Both Falling
+30%
65 periods · Return correlation when both series fell
Diverging
-69%
115 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
Bristol-Myers Squibb Co. (BMY)
BMY
Market cap 118B · 32,500 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Invesco QQQ Trust, Series 1 (QQQ)
QQQ
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-7.5953
Linear regression slope.
Intercept
875.3178
Linear regression intercept.
Saved 3 days ago · ID: stock-bmy_stock-qqq_5y