SeriesMagCorrOverlapThrough
These move together about 47% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, including onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to the point of consumpti
Market cap 301B · 75,000 employees
M2
WM2NS
What to Watch
Holds across regimes
Correlation is similar when markets rise (+19%) and fall (+20%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
+95%
No shift — both series at their actual dates.
106 overlapping points at this shift
Time series with M2 at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+95%
Pearson correlation
95% CI
+93% → +96%
Likely range
R²
90.0%
Variance explained
Trend agreement
46.7%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
106
Usable
Pipeline
Pipeline Summary
106 paired data points survived the weekly window.
Raw input
523
2,362
Normalized
523
2,362
Prepared
109
2,362
Aligned
106
106
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
+19%
39 periods · Return correlation when both series rose
Both Falling
+20%
10 periods · Return correlation when both series fell
Diverging
-66%
56 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,259
A: 3 / B: 2256
Series A
GE Vernova Inc.
GEV
Market cap 301B · 75,000 employees
Stock · 523 raw → 109 prepared
Series B
WM2NS
FRED · 2,362 raw → 2,362 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
2.4006
Linear regression slope.
Intercept
20719.3532
Linear regression intercept.
Saved 2 hours ago · ID: fred-wm2ns_stock-gev_5y