SeriesMagCorrOverlapThrough
These move together about 61% of the time
Weak positive
Weak relationship — not much actionable signal here beyond directional colour.
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly gr
Market cap 75.6B · 2,900 employees
Cardano
ADA
Smart Contract · USD pair
What to Watch
Drifting from pattern
Recent correlation (+90%) is running 1.9σ away from the long-run average of +13%.
Tighter in drawdowns
Pair moves more tightly when both fall (+25%) than when both rise (+2%) — typical risk-off behaviour.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
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
+13%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Cardano 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
+13%
Pearson correlation
95% CI
+5% → +22%
Likely range
R²
1.8%
Variance explained
Trend agreement
60.7%
Same-direction moves
Significance
p < 0.01
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,194
730
Normalized
1,194
730
Prepared
1,194
730
Aligned
501
501
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.
HOOD
Robinhood Markets, Inc. Class A Common Stock
Strongest inverse
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
+2%
85 periods · Return correlation when both series rose
Both Falling
+25%
83 periods · Return correlation when both series fell
Diverging
-46%
81 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
922
A: 693 / B: 229
Series A
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 75.6B · 2,900 employees
Stock · 1,194 raw → 1,194 prepared
Series B
Cardano
ADA
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0008
Linear regression slope.
Intercept
0.5173
Linear regression intercept.
Saved yesterday · ID: crypto:ada|stock:hood|5Y
ADA
Cardano
Strongest inverse