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Correlation
of % moves
+51%
In sync
of periods
70%
History
daysdays · through 2026-05-11
971
These move in the same direction about 70% of the time
Their swing sizes loosely line up (~26% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
70.4%
Headline metric
Movement correlation(i)
+51%
Based on % moves
95% CI
+47% → +56%
Likely range of correlation
Pipeline
Pipeline Summary
971 paired data points survived the daily window.
Raw input
971
1,255
Normalized
971
1,255
Prepared
971
1,255
Aligned
971
971
Invalid removed
R²(i)
26.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
971
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
+51%
No shift — both series at their actual dates.
970 overlapping points at this shift
Baseline
+51%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+51%
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
+52%
106 periods · Return correlation when both series rose
Both Falling
+20%
104 periods · Return correlation when both series fell
Diverging
-54%
39 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
284
A: 0 / B: 284
Series A
ELV
Stock · 971 raw → 971 prepared
Series B
HUM
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.6737
Linear regression slope.
Intercept
-0.0004
Linear regression intercept.
Saved 2 days ago · ID: stock-elv_stock-hum_daily_5y