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Cencora, Inc. (COR) vs Real-time Sahm Rule Recession Indicator
Correlation
of % moves
+27%
In sync
of periods
53%
History
monthsmonths · through 2026-06
40
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~7% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
COR moves ~5 months before Real-time Sahm Rule Recession Indicator
Watch COR for an early read on Real-time Sahm Rule Recession Indicator.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
53%
Headline metric
Movement correlation(i)
+27%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
40 paired data points survived the monthly window.
Raw input
834
798
Normalized
834
798
Prepared
42
798
Aligned
40
40
Invalid removed
7%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
37
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: -14 to 14 months.
Selected shift
+5 months
Correlation at this shift
+46%
+19% stronger than no-shift baseline
Real-time Sahm Rule Recession Indicator shifted 5 months earlier. Reads: "Does Cencora, Inc. (COR) today line up with Real-time Sahm Rule Recession Indicator 5 months from now?"
22 overlapping points at this shift
Baseline
+27%
No-shift correlation, matching the main time-series chart above.
Peak shift
+5 months
+46%
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
-7%
10 periods · Return correlation when both series rose
Both Falling
-45%
7 periods · Return correlation when both series fell
Diverging
-32%
20 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
760
A: 2 / B: 758
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 42 prepared
Series B
Real-time Sahm Rule Recession Indicator
SAHMREALTIME
FRED · 798 raw → 798 prepared
Sign agreement
85.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
1.2220
Linear regression slope.
Intercept
-0.0489
Linear regression intercept.
Saved 3 months ago · ID: fred-sahmrealtime_stock-cor_monthly_5y