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Hedera (HBAR) vs Consumer Sentiment
Correlation
of % moves
+19%
In sync
of periods
57%
History
monthsmonths · through 2026-03
23
These move in the same direction about 57% of the time
Their swing sizes only faintly line up (~4% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
HBAR moves ~6 months before Consumer Sentiment
Watch HBAR for an early read on Consumer Sentiment.
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)
57.1%
Headline metric
Movement correlation(i)
+19%
Based on % moves
95% CI
-25% → +57%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
721
671
Normalized
721
671
Prepared
25
671
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
3.7%
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: -12 to 12 months.
Selected shift
+6 months
Correlation at this shift
+68%
+49% stronger than no-shift baseline
Consumer Sentiment shifted 6 months earlier. Reads: "Does Hedera (HBAR) today line up with Consumer Sentiment 6 months from now?"
16 overlapping points at this shift
Baseline
+19%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 months
+68%
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
3 periods · Return correlation when both series rose
Both Falling
+51%
9 periods · Return correlation when both series fell
Diverging
-75%
10 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
650
A: 2 / B: 648
Series A
Hedera (HBAR)
HBAR
Crypto · 721 raw → 25 prepared
Series B
Consumer Sentiment
UMCSENT
FRED · 671 raw → 671 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0354
Linear regression slope.
Intercept
-0.0117
Linear regression intercept.
Saved 3 weeks ago · ID: crypto-hbar_fred-umcsent_monthly_5y