Correlation
-6%
of % moves
In sync
64%
of periods
History
276
days · through 2026-05-04
These move opposite each other about 64% of the time
Their swing sizes only faintly mirror each other (~0% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
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.
COPX moves ~6 days before CRWV
Watch COPX for an early read on CRWV.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
64.2%
Headline metric
Movement correlation(i)
-6%
Based on % moves
95% CI
-17% → +6%
Likely range of correlation
Pipeline
Pipeline Summary
276 paired data points survived the daily window.
Raw input
276
1,255
Normalized
276
1,255
Prepared
276
1,255
Aligned
276
276
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
0.3%
Variance explained
Significance
n.s.
Statistical confidence
Data points
276
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
-13%
+7% stronger than no-shift baseline
COPX shifted 6 days later. Reads: "Does CRWV today line up with COPX 6 days ago?"
270 overlapping points at this shift
Baseline
-6%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
-13%
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
-25%
90 periods · Return correlation when both series rose
Both Falling
+2%
74 periods · Return correlation when both series fell
Diverging
-42%
85 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
979
A: 0 / B: 979
Series A
CRWV
Stock · 276 raw → 276 prepared
Series B
COPX
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0309
Linear regression slope.
Intercept
63.5056
Linear regression intercept.
Saved yesterday · ID: stock-copx_stock-crwv_5y