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Correlation
of % moves
+61%
In sync
of periods
75%
History
daysdays · through 2026-05-28
60
These move in the same direction about 75% of the time
Their swing sizes loosely line up (~38% 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
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
74.6%
Headline metric
Movement correlation(i)
+61%
Based on % moves
95% CI
+43% → +75%
Likely range of correlation
Pipeline
Pipeline Summary
60 paired data points survived the daily window.
Raw input
1,102
86
Normalized
1,102
86
Prepared
1,102
86
Aligned
60
60
Invalid removed
R²(i)
37.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
60
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+61%
No shift — both series at their actual dates.
59 overlapping points at this shift
Baseline
+61%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+61%
A non-zero peak suggests one series lines up better when shifted against the other.
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
+20%
23 periods · Return correlation when both series rose
Both Falling
+54%
21 periods · Return correlation when both series fell
Diverging
-68%
15 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,068
A: 1042 / B: 26
Series A
Grayscale Bitcoin Trust ETF (GBTC)
GBTC
Stock · 1,102 raw → 1,102 prepared
Series B
BNB
BNB
Crypto · 86 raw → 86 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
8
Estimated crossover points between normalized spreads.
Slope
0.5351
Linear regression slope.
Intercept
-0.0005
Linear regression intercept.
Saved 2 days ago · ID: crypto-bnb_stock-gbtc_daily_5y