Loading market view
Loading market view
Loading correlations
CoreWeave, Inc. Class A Common Stock (CRWV) vs Credo Technology Group Holding Ltd Ordinary Shares (CRDO)
Correlation
of % moves
+45%
In sync
of periods
62%
History
daysdays · through 2026-09-08
363
These move in the same direction about 62% of the time
Their swing sizes loosely line up (~20% 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 tighter than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
62%
Headline metric
Movement correlation(i)
+45%
Based on % moves
95% CI
+36% → +52%
Likely range of correlation
Pipeline
Pipeline Summary
363 paired data points survived the daily window.
Raw input
363
1,157
Normalized
363
1,157
Prepared
363
1,157
Aligned
363
363
Invalid removed
R²(i)
20%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
362
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
+45%
No shift — both series at their actual dates.
362 overlapping points at this shift
Baseline
+45%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+45%
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
+17%
84 periods · Return correlation when both series rose
Both Falling
+6%
87 periods · Return correlation when both series fell
Diverging
-37%
78 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
794
A: 0 / B: 794
Series A
CoreWeave, Inc. Class A Common Stock (CRWV)
CRWV
Stock · 363 raw → 363 prepared
Series B
Credo Technology Group Holding Ltd Ordinary Shares (CRDO)
CRDO
Stock · 1,157 raw → 1,157 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.3673
Linear regression slope.
Intercept
0.0030
Linear regression intercept.
Saved 4 months ago · ID: stock-crdo_stock-crwv_daily_5y