Loading market view
Loading market view
Loading correlations
Medline Inc. Class A common stock (MDLN) vs GE HealthCare Technologies Inc. Common Stock (GEHC)
Correlation
of % moves
+23%
In sync
of periods
61%
History
daysdays · through 2026-09-09
182
These move in the same direction about 61% of the time
Their swing sizes only faintly line up (~5% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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)
61%
Headline metric
Movement correlation(i)
+23%
Based on % moves
95% CI
+8% → +36%
Likely range of correlation
Pipeline
Pipeline Summary
182 paired data points survived the daily window.
Raw input
182
923
Normalized
182
923
Prepared
182
923
Aligned
182
182
Invalid removed
R²(i)
5%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points(i)
181
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
+23%
No shift — both series at their actual dates.
181 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
-4%
54 periods · Return correlation when both series rose
Both Falling
-0%
55 periods · Return correlation when both series fell
Diverging
-46%
72 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
741
A: 0 / B: 741
Series A
Medline Inc. Class A common stock (MDLN)
MDLN
Stock · 182 raw → 182 prepared
Series B
GE HealthCare Technologies Inc. Common Stock (GEHC)
GEHC
Stock · 923 raw → 923 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
8
Estimated crossover points between normalized spreads.
Slope
0.1803
Linear regression slope.
Intercept
-0.0011
Linear regression intercept.
Saved 4 months ago · ID: stock-gehc_stock-mdln_daily_5y