Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+49%
In sync
of periods
79%
History
daysdays · through 2026-07-09
128
These move in the same direction about 79% of the time
Their swing sizes loosely line up (~24% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
79%
Headline metric
Movement correlation(i)
+49%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
128 paired data points survived the daily window.
Raw input
128
721
Normalized
128
721
Prepared
128
721
Aligned
128
128
Invalid removed
24%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
127
Usable
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
+49%
No shift — both series at their actual dates.
127 overlapping points at this shift
Baseline
+49%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+49%
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
+28%
47 periods · Return correlation when both series rose
Both Falling
+44%
53 periods · Return correlation when both series fell
Diverging
-69%
27 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
593
A: 0 / B: 593
Series A
BNB
BNB
Crypto · 128 raw → 128 prepared
Series B
Hedera (HBAR)
HBAR
Crypto · 721 raw → 721 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.5540
Linear regression slope.
Intercept
-0.0023
Linear regression intercept.
Saved 3 months ago · ID: crypto-bnb_crypto-hbar_daily_5y