These move opposite each other about 51% of the time
Very strong inverse
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and has a large sales and marketing staff—25,000 strong across 90 countries. Overall, Cisco employs 80,000 people and sells its products globally.
Market cap 348.6B · 86,200 employees
Toncoin
TON
Layer 1 · USD pair
What to Watch
Drifting from pattern
Recent correlation (-48%) is running 1.4σ away from the long-run average of -91%.
Holds across regimes
Correlation is similar when markets rise (-13%) and fall (+8%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
-91%
No shift — both series at their actual dates.
481 overlapping points at this shift
Time series with Toncoin at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-91%
Pearson correlation
95% CI
-92% → -89%
Likely range
R²
82.7%
Variance explained
Trend agreement
51.4%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
481
Robust
Pipeline
Pipeline Summary
481 paired data points survived the daily window.
Raw input
1,255
703
Normalized
1,255
703
Prepared
1,255
703
Aligned
481
481
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
-13%
73 periods · Return correlation when both series rose
Both Falling
+8%
69 periods · Return correlation when both series fell
Diverging
-25%
107 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
996
A: 774 / B: 222
Series A
Cisco Systems, Inc. Common Stock (DE)
CSCO
Market cap 348.6B · 86,200 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Toncoin
TON
Crypto · 703 raw → 703 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.1558
Linear regression slope.
Intercept
13.7438
Linear regression intercept.
Saved 2 hours ago · ID: crypto-ton_stock-csco_5y