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Entergy Corporation (ETR) vs Real-time Sahm Rule Recession Indicator
Correlation
of % moves
-27%
In sync
of periods
41%
History
monthsmonths · through 2026-05
59
These move in the same direction about 41% of the time
Their swing sizes only faintly mirror each other (~7% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
ETR moves ~8 months before Real-time Sahm Rule Recession Indicator
Watch ETR for an early read on Real-time Sahm Rule Recession Indicator.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
40.8%
Headline metric
Movement correlation(i)
-27%
Based on % moves
95% CI
-49% → -1%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,255
797
Normalized
1,255
797
Prepared
61
797
Aligned
59
59
Invalid removed
R²(i)
7.1%
Variance explained
Significance
p < 0.05
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
+8 months
Correlation at this shift
-41%
+14% stronger than no-shift baseline
Real-time Sahm Rule Recession Indicator shifted 8 months earlier. Reads: "Does Entergy Corporation (ETR) today line up with Real-time Sahm Rule Recession Indicator 8 months from now?"
43 overlapping points at this shift
Baseline
-27%
No-shift correlation, matching the main time-series chart above.
Peak shift
+8 months
-41%
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
-40%
11 periods · Return correlation when both series rose
Both Falling
-24%
9 periods · Return correlation when both series fell
Diverging
-69%
37 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
740
A: 2 / B: 738
Series A
Entergy Corporation (ETR)
ETR
Stock · 1,255 raw → 61 prepared
Series B
Real-time Sahm Rule Recession Indicator
SAHMREALTIME
FRED · 797 raw → 797 prepared
Sign agreement
74.1%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-1.5298
Linear regression slope.
Intercept
0.0141
Linear regression intercept.
Saved last month · ID: fred-sahmrealtime_stock-etr_monthly_5y