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Cencora, Inc. (COR) vs U-6 Unemployment Rate
Correlation
of % moves
-21%
In sync
of periods
41%
History
monthsmonths · through 2026-08
40
These move in the same direction about 41% of the time
Their swing sizes only faintly mirror each other (~4% 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
COR moves ~6 months before U-6 Unemployment Rate
Watch COR for an early read on U-6 Unemployment Rate.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
41%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-50% → +12%
Likely range of correlation
Pipeline
Pipeline Summary
40 paired data points survived the monthly window.
Raw input
833
391
Normalized
833
391
Prepared
42
391
Aligned
40
40
Invalid removed
R²(i)
4%
Variance explained
Significance
n.s.
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
+6 months
Correlation at this shift
+47%
+26% stronger than no-shift baseline
U-6 Unemployment Rate shifted 6 months earlier. Reads: "Does Cencora, Inc. (COR) today line up with U-6 Unemployment Rate 6 months from now?"
22 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 months
+47%
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
-14%
5 periods · Return correlation when both series fell
Diverging
-52%
26 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
353
A: 2 / B: 351
Series A
Cencora, Inc. (COR)
COR
Stock · 833 raw → 42 prepared
Series B
U-6 Unemployment Rate
U6RATE
FRED · 391 raw → 391 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0974
Linear regression slope.
Intercept
-0.0021
Linear regression intercept.
Saved 4 months ago · ID: fred-u6rate_stock-cor_monthly_5y