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GE HealthCare Technologies Inc. Common Stock (GEHC) vs Health Care Select Sector SPDR Fund (XLV)
Correlation
of % moves
+48%
In sync
of periods
68%
History
daysdays · through 2026-09-10
924
These move in the same direction about 68% of the time
Their swing sizes loosely line up (~23% 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.
Advanced
Statistics
In sync(i)
68%
Headline metric
Movement correlation(i)
+48%
Based on % moves
95% CI
+43% → +53%
Likely range of correlation
Pipeline
Pipeline Summary
924 paired data points survived the daily window.
Raw input
924
1,254
Normalized
924
1,254
Prepared
924
1,254
Aligned
924
924
Invalid removed
R²(i)
23%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
923
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
+48%
No shift — both series at their actual dates.
923 overlapping points at this shift
Baseline
+48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+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
+20%
85 periods · Return correlation when both series rose
Both Falling
+29%
79 periods · Return correlation when both series fell
Diverging
-48%
42 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
330
A: 0 / B: 330
Series A
GE HealthCare Technologies Inc. Common Stock (GEHC)
GEHC
Stock · 924 raw → 924 prepared
Series B
XLV
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
22
Estimated crossover points between normalized spreads.
Slope
0.2079
Linear regression slope.
Intercept
0.0002
Linear regression intercept.
Saved 2 weeks ago · ID: stock-gehc_stock-xlv_daily_5y