SeriesMagCorrOverlapThrough
These move together about 69% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
JPMorgan is a leading global financial services firm with operations in 66 countries and over 318,000 employees as of year-end 2025. Under the JPMorgan brands, the bank holding company boasts a $4.9 trillion balance sheet and $2.68 trillion in deposits, as of March 2026. The firm generates its revenue across three core operating segments: consumer and community banking, the commercial and investment bank, and asset and wealth management. It maintains the top global ranking in investment banking fees with an 8.4% market share, serves millions of consumers through its network of over 5,000 US branches, and manages over $7.1 trillion in client assets within its wealth and asset management franc
Market cap 835B · 318,512 employees
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, where it gathers and distributes passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.
What to Watch
Tighter in drawdowns
Pair moves more tightly when both fall (+70%) than when both rise (+39%) — typical risk-off behaviour.
Mostly stable
Correlation drifts a little but stays in the same neighbourhood.
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
+89%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Delta Air Lines, Inc. 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
+89%
Pearson correlation
95% CI
+88% → +91%
Likely range
R²
80.1%
Variance explained
Trend agreement
68.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
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.
Market cap 44.8B · 103,000 employees
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
+39%
100 periods · Return correlation when both series rose
Both Falling
+70%
92 periods · Return correlation when both series fell
Diverging
-61%
57 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
JPMorgan Chase & Co.
JPM
Market cap 835B · 318,512 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Delta Air Lines, Inc.
DAL
Market cap 44.8B · 103,000 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
0.1555
Linear regression slope.
Intercept
15.7696
Linear regression intercept.
Saved 2 hours ago · ID: stock-dal_stock-jpm_5y
DAL
Delta Air Lines, Inc.
Strongest positive