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Correlation
of % moves
+70%
In sync
of periods
77%
History
daysdays · through 2026-09-04
129
These move in the same direction about 77% of the time
When one swings, the other often swings by a similar amount (~49% 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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
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)
77%
Headline metric
Movement correlation(i)
+70%
Based on % moves
95% CI
+60% → +78%
Likely range of correlation
Pipeline
Pipeline Summary
129 paired data points survived the daily window.
Raw input
1,171
187
Normalized
1,171
187
Prepared
1,171
187
Aligned
129
129
Invalid removed
R²(i)
49%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
128
Usable
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
+70%
No shift — both series at their actual dates.
128 overlapping points at this shift
Baseline
+70%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+70%
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
+72%
51 periods · Return correlation when both series rose
Both Falling
+69%
48 periods · Return correlation when both series fell
Diverging
-69%
29 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,100
A: 1042 / B: 58
Series A
Grayscale Bitcoin Trust ETF (GBTC)
GBTC
Stock · 1,171 raw → 1,171 prepared
Series B
BNB
BNB
Crypto · 187 raw → 187 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
0.6488
Linear regression slope.
Intercept
0.0003
Linear regression intercept.
Saved 4 months ago · ID: crypto-bnb_stock-gbtc_daily_5y