Correlation
of % moves
-38%
In sync
of periods
35%
History
daysdays · through 2026-04-30
752
These move opposite each other about 35% of the time
Their swing sizes only faintly mirror each other (~14% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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.
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.
Explore
Advanced
Statistics
Approximate (legacy record)In sync(i)
34.8%
Headline metric
Movement correlation(i)
-38%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
752 paired data points survived the daily window.
Raw input
1,208
786
Normalized
1,208
786
Prepared
1,208
786
Aligned
752
752
Invalid removed
R²(i)
14.1%
Variance explained
Significance
N/A
Statistical confidence
Data points
752
Deep
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
-38%
No shift — both series at their actual dates.
249 overlapping points at this shift
Baseline
-38%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-38%
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
+0%
42 periods · Return correlation when both series rose
Both Falling
-18%
42 periods · Return correlation when both series fell
Diverging
-48%
165 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
490
A: 456 / B: 34
Series A
COHR
Stock · 1,208 raw → 1,208 prepared
Series B
ICE BofA US High Yield Index Effective Yield
BAMLH0A0HYM2EY
FRED · 786 raw → 786 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.0986
Linear regression slope.
Intercept
0.0001
Linear regression intercept.
Saved 4 days ago · ID: fred-bamlh0a0hym2ey_stock-cohr_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.