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Correlation
of % moves
+56%
In sync
of periods
79%
History
daysdays · through 2026-06-11
720
These move in the same direction about 79% of the time
Their swing sizes loosely line up (~32% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
78.9%
Headline metric
Movement correlation(i)
+56%
Based on % moves
95% CI
+51% → +61%
Likely range of correlation
Pipeline
Pipeline Summary
720 paired data points survived the daily window.
Raw input
721
729
Normalized
721
729
Prepared
721
729
Aligned
720
720
Invalid removed
R²(i)
31.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
720
Robust
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
No shift
Correlation at this shift
+56%
No shift — both series at their actual dates.
719 overlapping points at this shift
Baseline
+56%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+56%
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
+41%
96 periods · Return correlation when both series rose
Both Falling
+66%
109 periods · Return correlation when both series fell
Diverging
-44%
44 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10
A: 1 / B: 9
Series A
Hedera (HBAR)
HBAR
Crypto · 721 raw → 721 prepared
Series B
Internet Computer (ICP)
ICP
Crypto · 729 raw → 729 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
0.5656
Linear regression slope.
Intercept
-0.0020
Linear regression intercept.
Saved last month · ID: crypto-hbar_crypto-icp_daily_5y