These move together about 51% of the time
Moderate positive
A real but noisy link — useful as context, risky as a standalone signal.
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around 60% of its total revenue overseas, with sizable contributions from emerging economies in Latin America and Asia-Pacific.
Market cap 324.7B · 65,900 employees
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
What to Watch
Unusual right now
Recent correlation (-40%) is 2.7σ from the long-run average of +59% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (+1%) and fall (-7%) — reliable in both directions.
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
+59%
No shift — both series at their actual dates.
1,194 overlapping points at this shift
Time series with Robinhood Markets, Inc. Class A Common Stock 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
+59%
Pearson correlation
95% CI
+56% → +63%
Likely range
R²
35.4%
Variance explained
Trend agreement
51.2%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,194
Deep
Pipeline
Pipeline Summary
1,194 paired data points survived the daily window.
Raw input
1,255
1,194
Normalized
1,255
1,194
Prepared
1,255
1,194
Aligned
1,194
1,194
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 75.6B · 2,900 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
+1%
70 periods · Return correlation when both series rose
Both Falling
-7%
74 periods · Return correlation when both series fell
Diverging
-52%
105 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
61
A: 61 / B: 0
Series A
Coca-Cola Company
KO
Market cap 324.7B · 65,900 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 75.6B · 2,900 employees
Stock · 1,194 raw → 1,194 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
3.7064
Linear regression slope.
Intercept
-199.9659
Linear regression intercept.
Saved yesterday · ID: stock:hood|stock:ko|5Y
HOOD
Robinhood Markets, Inc. Class A Common Stock