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Cencora, Inc. (COR) vs U-6 Unemployment Rate
Correlation
of % moves
-31%
In sync
of periods
37%
History
monthsmonths · through 2026-04
39
These move in the same direction about 37% of the time
Their swing sizes only faintly mirror each other (~10% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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.
U-6 Unemployment Rate moves ~8 months before COR
Watch U-6 Unemployment Rate 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)
37.0%
Headline metric
Movement correlation(i)
-31%
Based on % moves
95% CI
-58% → +2%
Pipeline
Pipeline Summary
39 paired data points survived the monthly window.
Raw input
834
387
Normalized
834
387
Prepared
41
387
Aligned
39
39
Invalid removed
Likely range of correlation
R²(i)
9.7%
Variance explained
Significance
n.s.
Statistical confidence
Data points
39
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: -15 to 15 months.
Selected shift
-8 months
Correlation at this shift
+48%
+17% stronger than no-shift baseline
U-6 Unemployment Rate shifted 8 months later. Reads: "Does Cencora, Inc. (COR) today line up with U-6 Unemployment Rate 8 months ago?"
17 overlapping points at this shift
Baseline
-31%
No-shift correlation, matching the main time-series chart above.
Peak shift
-8 months
+48%
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
-22%
6 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-47%
26 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
350
A: 2 / B: 348
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 41 prepared
Series B
U-6 Unemployment Rate
U6RATE
FRED · 387 raw → 387 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.1933
Linear regression slope.
Intercept
-0.0027
Linear regression intercept.
Saved 3 weeks ago · ID: fred-u6rate_stock-cor_monthly_5y