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GE Vernova Inc. (GEV) vs Continued Jobless Claims
Correlation
of % moves
+17%
In sync
of periods
52%
History
weeksweeks · through 2026-25
116
These move in the same direction about 52% of the time
Their swing sizes only faintly line up (~3% 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%
Headline metric
Movement correlation(i)
+17%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
116 paired data points survived the weekly window.
Raw input
569
3,103
Normalized
569
3,103
Prepared
119
3,103
Aligned
116
116
Invalid removed
3%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
115
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
+17%
No shift — both series at their actual dates.
115 overlapping points at this shift
Baseline
+17%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+17%
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
-8%
37 periods · Return correlation when both series rose
Both Falling
+4%
22 periods · Return correlation when both series fell
Diverging
-58%
56 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 · 569 raw → 119 prepared
Series B
Continued Jobless Claims
CCSA
FRED · 3,103 raw → 3,103 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
28
Estimated crossover points between normalized spreads.
Slope
0.0440
Linear regression slope.
Intercept
-0.0007
Linear regression intercept.
Saved 3 months ago · ID: fred-ccsa_stock-gev_weekly_5y