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Cboe Global Markets, Inc. (CBOE) vs Housing Starts
Correlation
of % moves
-22%
In sync
of periods
47%
History
monthsmonths · through 2026-07
59
These move in the same direction about 47% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Housing Starts moves ~15 months before CBOE
Watch Housing Starts for an early read on CBOE.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
47%
Headline metric
Movement correlation(i)
-22%
Based on % moves
95% CI
-46% → +4%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,253
811
Normalized
1,253
811
Prepared
61
811
Aligned
59
59
Invalid removed
R²(i)
5%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
58
Thin
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: -18 to 18 months.
Selected shift
-15 months
Correlation at this shift
+40%
+18% stronger than no-shift baseline
Housing Starts shifted 15 months later. Reads: "Does Cboe Global Markets, Inc. (CBOE) today line up with Housing Starts 15 months ago?"
43 overlapping points at this shift
Baseline
-22%
No-shift correlation, matching the main time-series chart above.
Peak shift
-15 months
+40%
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
+26%
17 periods · Return correlation when both series rose
Both Falling
-5%
10 periods · Return correlation when both series fell
Diverging
-63%
31 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
754
A: 2 / B: 752
Series A
Cboe Global Markets, Inc. (CBOE)
CBOE
Stock · 1,253 raw → 61 prepared
Series B
Housing Starts
HOUST
FRED · 811 raw → 811 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.3368
Linear regression slope.
Intercept
0.0005
Linear regression intercept.
Saved 4 months ago · ID: fred-houst_stock-cboe_monthly_5y