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CQP vs FRetail SalesCheniere Energy Partners, LP (CQP) vs Retail Sales
Correlation
of % moves
+29%
In sync
of periods
57%
History
monthsmonths · through 2026-05
59
These move in the same direction about 57% of the time
Their swing sizes only faintly line up (~8% 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
Retail Sales moves ~18 months before CQP
Watch Retail Sales for an early read on CQP.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
57%
Headline metric
Movement correlation(i)
+29%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
413
Normalized
1,254
413
Prepared
61
413
Aligned
59
59
Invalid removed
8%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
58
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
+40%
+11% stronger than no-shift baseline
Retail Sales shifted 18 months later. Reads: "Does Cheniere Energy Partners, LP (CQP) today line up with Retail Sales 18 months ago?"
40 overlapping points at this shift
Baseline
+29%
No-shift correlation, matching the main time-series chart above.
Peak shift
-18 months
+40%
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
+11%
20 periods · Return correlation when both series rose
Both Falling
+49%
13 periods · Return correlation when both series fell
Diverging
-53%
25 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
356
A: 2 / B: 354
Series A
Cheniere Energy Partners, LP (CQP)
CQP
Stock · 1,254 raw → 61 prepared
Series B
Retail Sales
RSAFS
FRED · 413 raw → 413 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0534
Linear regression slope.
Intercept
0.0037
Linear regression intercept.
Saved 3 months ago · ID: fred-rsafs_stock-cqp_monthly_5y