SeriesMagCorrOverlapThrough
These move together about 67% of the time
Strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Home Depot is the world's largest home improvement specialty retailer, operating 2,359 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the US, Canada, and Mexico. Its stores offer building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of Interline Brands in 2015 allowed Home Depot to enter the MRO business, which has been expanded through the tie-up with HD Supply (2020). The 2024 tie-up with SRS will help grow professional demand in roofing, pool, and landscaping projects, whil
Market cap 331B · 472,400 employees
Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.
What to Watch
Unusual right now
Recent correlation (-0%) is 4.8σ from the long-run average of +83% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (+19%) and fall (+33%) — reliable in both directions.
Mostly stable
Correlation drifts a little but stays in the same neighbourhood.
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+83%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Simon Property Group, Inc. 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
+83%
Pearson correlation
95% CI
+81% → +85%
Likely range
R²
69.0%
Variance explained
Trend agreement
67.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
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.
Market cap 65.9B · 3,600 employees
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%
107 periods · Return correlation when both series rose
Both Falling
+33%
96 periods · Return correlation when both series fell
Diverging
-46%
46 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Home Depot, Inc.
HD
Market cap 331B · 472,400 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Simon Property Group, Inc.
SPG
Market cap 65.9B · 3,600 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
85
Estimated crossover points between normalized spreads.
Slope
0.6061
Linear regression slope.
Intercept
-64.1093
Linear regression intercept.
Saved 2 hours ago · ID: stock-hd_stock-spg_5y
SPG
Simon Property Group, Inc.
Strongest positive