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Cheniere Energy Partners, LP (CQP) vs 10-Year Real Interest Rate
Correlation
of % moves
+30%
In sync
of periods
61%
History
monthsmonths · through 2026-06
60
These move in the same direction about 61% of the time
Their swing sizes only faintly line up (~9% 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
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
CQP moves ~18 months before 10-Year Real Interest Rate
Watch CQP for an early read on 10-Year Real Interest 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)
61%
Headline metric
Movement correlation(i)
+30%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,254
534
Normalized
1,254
534
Prepared
61
534
Aligned
60
60
Invalid removed
9%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
59
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
+18 months
Correlation at this shift
+39%
+9% stronger than no-shift baseline
10-Year Real Interest Rate shifted 18 months earlier. Reads: "Does Cheniere Energy Partners, LP (CQP) today line up with 10-Year Real Interest Rate 18 months from now?"
41 overlapping points at this shift
Baseline
+30%
No-shift correlation, matching the main time-series chart above.
Peak shift
+18 months
+39%
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
-2%
18 periods · Return correlation when both series rose
Both Falling
+15%
18 periods · Return correlation when both series fell
Diverging
-73%
23 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
475
A: 1 / B: 474
Series A
Cheniere Energy Partners, LP (CQP)
CQP
Stock · 1,254 raw → 61 prepared
Series B
10-Year Real Interest Rate
REAINTRATREARAT10Y
FRED · 534 raw → 534 prepared
Sign agreement
96.7%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
1.6851
Linear regression slope.
Intercept
0.0413
Linear regression intercept.
Saved 3 months ago · ID: fred-reaintratrearat10y_stock-cqp_monthly_5y