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Chipotle Mexican Grill, Inc. (CMG) vs Consumer Sentiment
Correlation
of % moves
+39%
In sync
of periods
72%
History
monthsmonths · through 2026-07
59
These move in the same direction about 72% of the time
Their swing sizes only faintly line up (~15% 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
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
72%
Headline metric
Movement correlation(i)
+39%
Based on % moves
95% CI
+15% → +59%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,253
675
Normalized
1,253
675
Prepared
61
675
Aligned
59
59
Invalid removed
R²(i)
15%
Variance explained
Significance
p < 0.01
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
No shift
Correlation at this shift
+39%
No shift — both series at their actual dates.
58 overlapping points at this shift
Baseline
+39%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+39%
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
-11%
21 periods · Return correlation when both series rose
Both Falling
-28%
20 periods · Return correlation when both series fell
Diverging
-67%
17 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
618
A: 2 / B: 616
Series A
Chipotle Mexican Grill, Inc. (CMG)
CMG
Stock · 1,253 raw → 61 prepared
Series B
Consumer Sentiment
UMCSENT
FRED · 675 raw → 675 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.3354
Linear regression slope.
Intercept
-0.0042
Linear regression intercept.
Saved 4 months ago · ID: fred-umcsent_stock-cmg_monthly_5y