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GE Vernova Inc. (GEV) vs Continued Jobless Claims
Correlation
of % moves
+20%
In sync
of periods
53%
History
weeksweeks · through 2026-21
112
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~4% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
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)
52.7%
Headline metric
Movement correlation(i)
+20%
Based on % moves
95% CI
+1% → +37%
Likely range of correlation
Pipeline
Pipeline Summary
112 paired data points survived the weekly window.
Raw input
551
3,099
Normalized
551
3,099
Prepared
115
3,099
Aligned
112
112
Invalid removed
R²(i)
4.0%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
112
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+20%
No shift — both series at their actual dates.
111 overlapping points at this shift
Baseline
+20%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+20%
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
+12%
36 periods · Return correlation when both series rose
Both Falling
+1%
22 periods · Return correlation when both series fell
Diverging
-56%
53 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,990
A: 3 / B: 2987
Series A
GE Vernova Inc. (GEV)
GEV
Stock · 551 raw → 115 prepared
Series B
Continued Jobless Claims
CCSA
FRED · 3,099 raw → 3,099 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
26
Estimated crossover points between normalized spreads.
Slope
0.0518
Linear regression slope.
Intercept
-0.0011
Linear regression intercept.
Saved last month · ID: fred-ccsa_stock-gev_weekly_5y