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GE HealthCare Technologies Inc. Common Stock (GEHC) vs Retail Sales
Correlation
of % moves
-39%
In sync
of periods
45%
History
monthsmonths · through 2026-05
41
These move in the same direction about 45% of the time
Their swing sizes only faintly mirror each other (~15% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Retail Sales moves ~1 month before GEHC
Watch Retail Sales for an early read on GEHC.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
45%
Headline metric
Movement correlation(i)
-39%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
41 paired data points survived the monthly window.
Raw input
880
413
Normalized
880
413
Prepared
43
413
Aligned
41
41
Invalid removed
15%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
40
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: -18 to 18 months.
Selected shift
-1 month
Correlation at this shift
-48%
+9% stronger than no-shift baseline
Retail Sales shifted 1 month later. Reads: "Does GE HealthCare Technologies Inc. Common Stock (GEHC) today line up with Retail Sales 1 month ago?"
39 overlapping points at this shift
Baseline
-39%
No-shift correlation, matching the main time-series chart above.
Peak shift
-1 month
-48%
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
+6%
13 periods · Return correlation when both series rose
Both Falling
-17%
5 periods · Return correlation when both series fell
Diverging
-85%
22 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
374
A: 2 / B: 372
Series A
GE HealthCare Technologies Inc. Common Stock (GEHC)
GEHC
Stock · 880 raw → 43 prepared
Series B
Retail Sales
RSAFS
FRED · 413 raw → 413 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0372
Linear regression slope.
Intercept
0.0029
Linear regression intercept.
Saved 3 months ago · ID: fred-rsafs_stock-gehc_monthly_5y