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Correlation
of % moves
-50%
In sync
of periods
52%
History
daysdays · through 2026-05-22
415
These move in the same direction about 52% of the time
Their swing sizes loosely mirror each other (~25% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
52.5%
Headline metric
Movement correlation(i)
-50%
Based on % moves
95% CI
-57% → -43%
Likely range of correlation
Pipeline
Pipeline Summary
415 paired data points survived the daily window.
Raw input
1,080
589
Normalized
1,080
589
Prepared
1,080
589
Aligned
415
415
Invalid removed
R²(i)
25.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
415
Robust
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
-50%
No shift — both series at their actual dates.
414 overlapping points at this shift
Baseline
-50%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-50%
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
+50%
73 periods · Return correlation when both series rose
Both Falling
+40%
68 periods · Return correlation when both series fell
Diverging
-50%
107 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
839
A: 665 / B: 174
Series A
Constellation Energy Corporation Common Stock (CEG)
CEG
Stock · 1,080 raw → 1,080 prepared
Series B
Velo3D, Inc. Common stock (VELO)
VELO
Stock · 589 raw → 589 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.6794
Linear regression slope.
Intercept
0.0049
Linear regression intercept.
Saved 2 weeks ago · ID: stock-ceg_stock-velo_daily_5y