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EOG vs FRetail SalesEOG Resources, Inc. (EOG) vs Retail Sales
Correlation
of % moves
+43%
In sync
of periods
67%
History
monthsmonths · through 2026-04
59
These move in the same direction about 67% of the time
Their swing sizes loosely line up (~19% 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.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
67.2%
Headline metric
Movement correlation(i)
+43%
Based on % moves
95% CI
+20% → +62%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
412
Normalized
1,254
412
Prepared
60
412
Aligned
59
59
Invalid removed
R²(i)
18.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
59
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
+43%
No shift — both series at their actual dates.
58 overlapping points at this shift
Baseline
+43%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+43%
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
+2%
24 periods · Return correlation when both series rose
Both Falling
+35%
15 periods · Return correlation when both series fell
Diverging
-78%
19 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
354
A: 1 / B: 353
Series A
EOG Resources, Inc. (EOG)
EOG
Stock · 1,254 raw → 60 prepared
Series B
Retail Sales
RSAFS
FRED · 412 raw → 412 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0570
Linear regression slope.
Intercept
0.0032
Linear regression intercept.
Saved 3 weeks ago · ID: fred-rsafs_stock-eog_monthly_5y