Loading market view
Loading market view
Loading correlations
Expand Energy Corporation Common Stock (EXE) vs Labor Force Participation
Correlation
of % moves
+25%
In sync
of periods
63%
History
monthsmonths · through 2026-06
20
These move in the same direction about 63% of the time
Their swing sizes only faintly line up (~6% 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
EXE moves ~3 months before Labor Force Participation
Watch EXE for an early read on Labor Force Participation.
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)
63%
Headline metric
Movement correlation(i)
+25%
Based on % moves
95% CI
N/A
Pipeline
Pipeline Summary
20 paired data points survived the monthly window.
Raw input
442
941
Normalized
442
941
Prepared
22
941
Aligned
20
20
Invalid removed
Likely range
R²(i)
6%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
18
Limited
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: -4 to 4 months.
Selected shift
+3 months
Correlation at this shift
+35%
+9% stronger than no-shift baseline
Labor Force Participation shifted 3 months earlier. Reads: "Does Expand Energy Corporation Common Stock (EXE) today line up with Labor Force Participation 3 months from now?"
12 overlapping points at this shift
Baseline
+25%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 months
+35%
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
N/A
4 periods · Return correlation when both series rose
Both Falling
+13%
6 periods · Return correlation when both series fell
Diverging
-87%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
923
A: 2 / B: 921
Series A
Expand Energy Corporation Common Stock (EXE)
EXE
Stock · 442 raw → 22 prepared
Series B
Labor Force Participation
CIVPART
FRED · 941 raw → 941 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.0093
Linear regression slope.
Intercept
-0.0008
Linear regression intercept.
Saved 3 months ago · ID: fred-civpart_stock-exe_monthly_5y