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Cencora, Inc. (COR) vs Total Consumer Credit
Correlation
of % moves
+23%
In sync
of periods
65%
History
monthsmonths · through 2026-04
39
These move in the same direction about 65% of the time
Their swing sizes only faintly line up (~5% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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.
Total Consumer Credit moves ~16 months before COR
Watch Total Consumer Credit for an early read on COR.
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)
65%
Headline metric
Movement correlation(i)
+23%
Based on % moves
95% CI
N/A
Pipeline
Pipeline Summary
39 paired data points survived the monthly window.
Raw input
834
1,000
Normalized
834
1,000
Prepared
42
1,000
Aligned
39
39
Invalid removed
Likely range
R²(i)
5%
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: -18 to 18 months.
Selected shift
-16 months
Correlation at this shift
+53%
+30% stronger than no-shift baseline
Total Consumer Credit shifted 16 months later. Reads: "Does Cencora, Inc. (COR) today line up with Total Consumer Credit 16 months ago?"
16 overlapping points at this shift
Baseline
+23%
No-shift correlation, matching the main time-series chart above.
Peak shift
-16 months
+53%
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
+8%
23 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-83%
13 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
964
A: 3 / B: 961
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 42 prepared
Series B
Total Consumer Credit
TOTALSL
FRED · 1,000 raw → 1,000 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0227
Linear regression slope.
Intercept
0.0013
Linear regression intercept.
Saved 3 months ago · ID: fred-totalsl_stock-cor_monthly_5y