Loading market view
Loading market view
Loading correlations
Cencora, Inc. (COR) vs Sticky Price CPI
Correlation
of % moves
-21%
In sync
of periods
32%
History
monthsmonths · through 2026-04
40
These move in the same direction about 32% of the time
Their swing sizes only faintly mirror each other (~5% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Sticky Price CPI moves ~13 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)
31.6%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-50% → +11%
Likely range of correlation
Pipeline
Pipeline Summary
40 paired data points survived the monthly window.
Raw input
834
700
Normalized
834
700
Prepared
41
700
Aligned
40
40
Invalid removed
R²(i)
4.6%
Variance explained
Significance
n.s.
Statistical confidence
Data points
40
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
-13 months
Correlation at this shift
+50%
+28% stronger than no-shift baseline
Sticky Price CPI shifted 13 months later. Reads: "Does Cencora, Inc. (COR) today line up with Sticky Price CPI 13 months ago?"
19 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
-13 months
+50%
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
-14%
7 periods · Return correlation when both series rose
Both Falling
+53%
5 periods · Return correlation when both series fell
Diverging
-56%
26 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
661
A: 1 / B: 660
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 41 prepared
Series B
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 700 raw → 700 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.2075
Linear regression slope.
Intercept
-0.0015
Linear regression intercept.
Saved 3 weeks ago · ID: fred-corestickm159sfrbatl_stock-cor_monthly_5y