Correlation
+4%
of % moves
In sync
39%
of periods
History
577
days · through 2026-04-30
These move in the same direction about 39% of the time
Their swing sizes barely line up — almost no shared pattern.
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
39.3%
Headline metric
Movement correlation(i)
+4%
Based on % moves
95% CI
-4% → +12%
Likely range of correlation
Pipeline
Pipeline Summary
577 paired data points survived the daily window.
Raw input
579
9,176
Normalized
579
9,176
Prepared
579
9,176
Aligned
577
577
Invalid removed
Explore
R²(i)
0.2%
Variance explained
Significance
n.s.
Statistical confidence
Data points
577
Robust
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
+4%
No shift — both series at their actual dates.
577 overlapping points at this shift
Baseline
+4%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+4%
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
-12%
52 periods · Return correlation when both series rose
Both Falling
+15%
59 periods · Return correlation when both series fell
Diverging
-54%
138 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,601
A: 2 / B: 8599
Series A
FBTC
Stock · 579 raw → 579 prepared
Series B
VIX
VIXCLS
FRED · 9,176 raw → 9,176 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
0.0111
Linear regression slope.
Intercept
16.9460
Linear regression intercept.
Saved 2 days ago · ID: fred-vixcls_stock-fbtc_5y
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.