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Correlation
of % moves
+58%
In sync
of periods
51%
History
daysdays · through 2026-05-06
1,062
These move in the same direction about 51% of the time
Their swing sizes loosely line up (~34% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
50.9%
Headline metric
Movement correlation(i)
+58%
Based on % moves
95% CI
+54% → +62%
Likely range of correlation
Pipeline
Pipeline Summary
1,062 paired data points survived the daily window.
Raw input
1,140
1,152
Normalized
1,140
1,152
Prepared
1,140
1,152
Aligned
1,062
1,062
Invalid removed
R²(i)
34.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,062
Deep
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
+58%
No shift — both series at their actual dates.
1,061 overlapping points at this shift
Baseline
+58%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+58%
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
+59%
82 periods · Return correlation when both series rose
Both Falling
+5%
65 periods · Return correlation when both series fell
Diverging
-59%
102 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
168
A: 78 / B: 90
Series A
Meta Platforms, Inc. Class A Common Stock (META)
META
Stock · 1,140 raw → 1,140 prepared
Series B
CTRA
Stock · 1,152 raw → 1,152 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.1687
Linear regression slope.
Intercept
-0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: stock-ctra_stock-meta_daily_5y