These move together about 45% of the time
Moderate positive
A real but noisy link — useful as context, risky as a standalone signal.
Since its founding in 1806, Colgate-Palmolive has grown into a leading player in the household and personal care industry. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and home care products sold in over 200 countries. International sales account for about 70% of its total business, including nearly half from emerging regions. It also owns specialty pet food maker Hill's (almost one-fourth of sales), which sells the majority of its products through veterinarians and specialty pet retailers.
Market cap 67.5B · 33,600 employees
Toncoin
TON
Layer 1 · USD pair
What to Watch
Unusual right now
Recent correlation (-61%) is 3.1σ from the long-run average of +64% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (-6%) and fall (+4%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
+64%
No shift — both series at their actual dates.
481 overlapping points at this shift
Time series with Toncoin at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+64%
Pearson correlation
95% CI
+58% → +69%
Likely range
R²
40.9%
Variance explained
Trend agreement
44.7%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
481
Robust
Pipeline
Pipeline Summary
481 paired data points survived the daily window.
Raw input
1,255
703
Normalized
1,255
703
Prepared
1,255
703
Aligned
481
481
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
-6%
58 periods · Return correlation when both series rose
Both Falling
+4%
71 periods · Return correlation when both series fell
Diverging
-53%
120 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
996
A: 774 / B: 222
Series A
Colgate-Palmolive Company
CL
Market cap 67.5B · 33,600 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Toncoin
TON
Crypto · 703 raw → 703 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.1715
Linear regression slope.
Intercept
-11.6530
Linear regression intercept.
Saved 1 hour ago · ID: crypto-ton_stock-cl_5y