SeriesMagCorrSyncOverlapThrough
Correlation
+23%
of % moves
In sync
59%
of periods
History
1,085
days · through 2026-05-04
These move in the same direction about 59% 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.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
58.8%
Headline metric
Movement correlation(i)
+23%
Based on % moves
95% CI
+18% → +29%
Pipeline
Pipeline Summary
1,085 paired data points survived the daily window.
Raw input
1,085
1,741
Normalized
1,085
1,741
Prepared
1,085
1,741
Aligned
1,085
1,085
Invalid removed
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.
Likely range of correlation
R²(i)
5.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,085
Deep
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
+23%
No shift — both series at their actual dates.
1,085 overlapping points at this shift
Baseline
+23%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+23%
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
-64%
8 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-15%
238 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
656
A: 0 / B: 656
Series A
GBTC
Stock · 1,085 raw → 1,085 prepared
Series B
Interest on Reserve Balances
IORB
FRED · 1,741 raw → 1,741 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0134
Linear regression slope.
Intercept
3.4542
Linear regression intercept.
Saved yesterday · ID: fred-iorb_stock-gbtc_5y