These move opposite each other about 55% of the time
Moderate inverse
A real but noisy link — useful as context, risky as a standalone signal.
Bank of America is a formidable financial titan with a $3.5 trillion balance sheet and a cornerstone of the American economy, holding the second-largest deposit market share in the United States. While the firm has maintained its stronghold among middle-market and retail clientele domestically, Bank of America has continued to hold its own on the global stage, as evidenced by its fourth-largest global trading operation and an investment banking division that regularly finishes in the top four in global league tables. The firm is organized across four segments: consumer banking, global wealth and investment management, global banking, and global markets.
Market cap 375.2B · 213,000 employees
Ethereum Classic
ETC
Smart Contract · USD pair
What to Watch
Drifting from pattern
Recent correlation (+46%) is running 1.8σ away from the long-run average of -48%.
Holds across regimes
Correlation is similar when markets rise (+11%) and fall (-6%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
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
-48%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Ethereum Classic 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
-48%
Pearson correlation
95% CI
-55% → -41%
Likely range
R²
23.2%
Variance explained
Trend agreement
55.4%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
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.
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
+11%
80 periods · Return correlation when both series rose
Both Falling
-6%
74 periods · Return correlation when both series fell
Diverging
-35%
95 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Bank of America Corporation
BAC
Market cap 375.2B · 213,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Ethereum Classic
ETC
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-0.5466
Linear regression slope.
Intercept
43.8090
Linear regression intercept.
Saved 2 days ago · ID: crypto:etc|stock:bac|5Y