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Correlation
of % moves
-43%
In sync
of periods
35%
History
daysdays · through 2026-09-04
162
These move in the same direction about 35% of the time
Their swing sizes loosely mirror each other (~19% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
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)
35%
Headline metric
Movement correlation(i)
-43%
Based on % moves
95% CI
-55% → -30%
Likely range of correlation
Pipeline
Pipeline Summary
162 paired data points survived the daily window.
Raw input
1,253
162
Normalized
1,253
162
Prepared
1,253
162
Aligned
162
162
Invalid removed
R²(i)
19%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
161
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
-43%
No shift — both series at their actual dates.
161 overlapping points at this shift
Baseline
-43%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-43%
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%
31 periods · Return correlation when both series rose
Both Falling
-21%
25 periods · Return correlation when both series fell
Diverging
-70%
105 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,091
A: 1091 / B: 0
Series A
Caterpillar Inc. (CAT)
CAT
Stock · 1,253 raw → 1,253 prepared
Series B
Marsh (MRSH)
MRSH
Stock · 162 raw → 162 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
-0.2896
Linear regression slope.
Intercept
0.0005
Linear regression intercept.
Saved 4 months ago · ID: stock-cat_stock-mrsh_daily_5y