Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+38%
In sync
of periods
66%
History
daysdays · through 2026-06-11
350
These move in the same direction about 66% of the time
Their swing sizes only faintly line up (~14% 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
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)
65.8%
Headline metric
Movement correlation(i)
+38%
Based on % moves
95% CI
+28% → +46%
Likely range of correlation
Pipeline
Pipeline Summary
350 paired data points survived the daily window.
Raw input
350
1,112
Normalized
350
1,112
Prepared
350
1,112
Aligned
350
350
Invalid removed
R²(i)
14.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
350
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
+38%
No shift — both series at their actual dates.
349 overlapping points at this shift
Baseline
+38%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+38%
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
+28%
84 periods · Return correlation when both series rose
Both Falling
+35%
87 periods · Return correlation when both series fell
Diverging
-53%
78 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
762
A: 0 / B: 762
Series A
Block, Inc. (XYZ)
XYZ
Stock · 350 raw → 350 prepared
Series B
Grayscale Bitcoin Trust ETF (GBTC)
GBTC
Stock · 1,112 raw → 1,112 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.3095
Linear regression slope.
Intercept
-0.0013
Linear regression intercept.
Saved last month · ID: stock-gbtc_stock-xyz_daily_5y