Correlation
-0%
of % moves
In sync
34%
of periods
History
1,253
days · through 2026-04-30
These move opposite each other about 34% of the time
Their swing sizes barely line up — almost no shared pattern.
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Time Series
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.
HBAN moves ~6 days before VIX
Watch HBAN for an early read on VIX.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
34.3%
Headline metric
Movement correlation(i)
-0%
Based on % moves
95% CI
-6% → +5%
Likely range of correlation
Pipeline
Pipeline Summary
1,253 paired data points survived the daily window.
Raw input
1,255
9,176
Normalized
1,255
9,176
Prepared
1,255
9,176
Aligned
1,253
1,253
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
0.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
1,253
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
+6 days
Correlation at this shift
+9%
+9% stronger than no-shift baseline
VIX shifted 6 days earlier. Reads: "Does Huntington Bancshares Inc. (HBAN) today line up with VIX 6 days from now?"
1,247 overlapping points at this shift
Baseline
-0%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
+9%
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
+10%
43 periods · Return correlation when both series rose
Both Falling
-0%
37 periods · Return correlation when both series fell
Diverging
-77%
169 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
7,925
A: 2 / B: 7923
Series A
HBAN
Stock · 1,255 raw → 1,255 prepared
Series B
VIX
VIXCLS
FRED · 9,176 raw → 9,176 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
110
Estimated crossover points between normalized spreads.
Slope
-0.0090
Linear regression slope.
Intercept
19.3791
Linear regression intercept.
Saved yesterday · ID: fred-vixcls_stock-hban_5y