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Correlation
of % moves
+32%
In sync
of periods
58%
History
daysdays · through 2026-09-04
483
These move in the same direction about 58% of the time
Their swing sizes only faintly line up (~10% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
58%
Headline metric
Movement correlation(i)
+32%
Based on % moves
95% CI
+24% → +40%
Likely range of correlation
Pipeline
Pipeline Summary
483 paired data points survived the daily window.
Raw input
1,254
483
Normalized
1,254
483
Prepared
1,254
483
Aligned
483
483
Invalid removed
R²(i)
10%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
482
Robust
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+32%
No shift — both series at their actual dates.
482 overlapping points at this shift
Baseline
+32%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+32%
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
+4%
96 periods · Return correlation when both series rose
Both Falling
+36%
81 periods · Return correlation when both series fell
Diverging
-60%
72 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
771
A: 771 / B: 0
Series A
Cheniere Energy Partners, LP (CQP)
CQP
Stock · 1,254 raw → 1,254 prepared
Series B
Expand Energy Corporation Common Stock (EXE)
EXE
Stock · 483 raw → 483 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
40
Estimated crossover points between normalized spreads.
Slope
0.3083
Linear regression slope.
Intercept
0.0001
Linear regression intercept.
Saved 4 months ago · ID: stock-cqp_stock-exe_daily_5y