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Hedera (HBAR) vs Average Price: Ground Beef, 100% Beef
Correlation
of % moves
-23%
In sync
of periods
33%
History
monthsmonths · through 2026-04
23
These move in the same direction about 33% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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 tighter than usual — the pair is behaving differently than its long-run pattern.
Average Price: Ground Beef, 100% Beef moves ~6 months before HBAR
Watch Average Price: Ground Beef, 100% Beef for an early read on HBAR.
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)
33.3%
Headline metric
Movement correlation(i)
-23%
Based on % moves
95% CI
-60% → +22%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
721
506
Normalized
721
506
Prepared
25
506
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
5.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
23
Limited
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 months.
Selected shift
-6 months
Correlation at this shift
+63%
+40% stronger than no-shift baseline
Average Price: Ground Beef, 100% Beef shifted 6 months later. Reads: "Does Hedera (HBAR) today line up with Average Price: Ground Beef, 100% Beef 6 months ago?"
10 overlapping points at this shift
Baseline
-23%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 months
+63%
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
N/A
4 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-35%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
485
A: 2 / B: 483
Series A
Hedera (HBAR)
HBAR
Crypto · 721 raw → 25 prepared
Series B
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 506 raw → 506 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0121
Linear regression slope.
Intercept
0.0125
Linear regression intercept.
Saved 3 weeks ago · ID: crypto-hbar_fred-apu0000703112_monthly_5y