Correlation
of % moves
-9%
In sync
of periods
65%
History
daysdays · through 2026-05-06
645
These move opposite each other about 65% of the time
Their swing sizes only faintly mirror each other (~1% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
CMG moves ~6 days before FISV
Watch CMG for an early read on FISV.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Explore
Advanced
Statistics
In sync(i)
64.7%
Headline metric
Movement correlation(i)
-9%
Based on % moves
95% CI
-17% → -2%
Likely range of correlation
Pipeline
Pipeline Summary
645 paired data points survived the daily window.
Raw input
1,255
645
Normalized
1,255
645
Prepared
1,255
645
Aligned
645
645
Invalid removed
R²(i)
0.9%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
645
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
+6 days
Correlation at this shift
-18%
+8% stronger than no-shift baseline
Fiserv Inc. (FISV) shifted 6 days earlier. Reads: "Does Chipotle Mexican Grill Inc. (CMG) today line up with Fiserv Inc. (FISV) 6 days from now?"
639 overlapping points at this shift
Baseline
-9%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
-18%
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
+22%
103 periods · Return correlation when both series rose
Both Falling
+85%
85 periods · Return correlation when both series fell
Diverging
-38%
61 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
610
A: 610 / B: 0
Series A
CMG
Stock · 1,255 raw → 1,255 prepared
Series B
FISV
Stock · 645 raw → 645 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
25
Estimated crossover points between normalized spreads.
Slope
-0.4079
Linear regression slope.
Intercept
110.6025
Linear regression intercept.
Saved 2 days ago · ID: stock-cmg_stock-fisv_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.