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Cencora, Inc. (COR) vs Sticky Price CPI
Correlation
of % moves
-27%
In sync
of periods
29%
History
monthsmonths · through 2026-07
40
These move in the same direction about 29% of the time
Their swing sizes only faintly mirror each other (~7% 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
Sticky Price CPI moves ~9 months before COR
Watch Sticky Price CPI for an early read on COR.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
29%
Headline metric
Movement correlation(i)
-27%
Based on % moves
95% CI
-54% → +5%
Likely range of correlation
Pipeline
Pipeline Summary
40 paired data points survived the monthly window.
Raw input
834
703
Normalized
834
703
Prepared
42
703
Aligned
40
40
Invalid removed
R²(i)
7%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
38
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
-9 months
Correlation at this shift
-51%
+24% stronger than no-shift baseline
Sticky Price CPI shifted 9 months later. Reads: "Does Cencora, Inc. (COR) today line up with Sticky Price CPI 9 months ago?"
26 overlapping points at this shift
Baseline
-27%
No-shift correlation, matching the main time-series chart above.
Peak shift
-9 months
-51%
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
-6%
6 periods · Return correlation when both series rose
Both Falling
+53%
5 periods · Return correlation when both series fell
Diverging
-53%
27 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
665
A: 2 / B: 663
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 42 prepared
Series B
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 703 raw → 703 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.2018
Linear regression slope.
Intercept
-0.0058
Linear regression intercept.
Saved 4 months ago · ID: fred-corestickm159sfrbatl_stock-cor_monthly_5y