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Correlation
of % moves
+45%
In sync
of periods
57%
History
monthsmonths · through 2026-04
58
These move in the same direction about 57% of the time
Their swing sizes loosely line up (~21% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
57.1%
Headline metric
Movement correlation(i)
+45%
Based on % moves
95% CI
+22% → +64%
Pipeline
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
951
Normalized
1,254
951
Prepared
60
951
Aligned
58
58
Invalid removed
Likely range of correlation
R²(i)
20.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
58
Thin
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+45%
No shift — both series at their actual dates.
56 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
+13%
30 periods · Return correlation when both series rose
Both Falling
N/A
2 periods · Return correlation when both series fell
Diverging
+35%
24 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
895
A: 2 / B: 893
Series A
EOG Resources, Inc. (EOG)
EOG
Stock · 1,254 raw → 60 prepared
Series B
US CPI
CPIAUCSL
FRED · 951 raw → 951 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.0171
Linear regression slope.
Intercept
0.0035
Linear regression intercept.
Saved 3 weeks ago · ID: fred-cpiaucsl_stock-eog_monthly_5y