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Humana Inc. (HUM) vs Spot Crude Oil Price: West Texas Intermediate
Correlation
of % moves
-20%
In sync
of periods
42%
History
monthsmonths · through 2026-08
60
These move in the same direction about 42% of the time
Their swing sizes only faintly mirror each other (~4% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
HUM moves ~1 month before Spot Crude Oil Price: West Texas Intermediate
Watch HUM for an early read on Spot Crude Oil Price: West Texas Intermediate.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
42%
Headline metric
Movement correlation(i)
-20%
Based on % moves
95% CI
-43% → +6%
Likely range of correlation
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,253
968
Normalized
1,253
968
Prepared
61
968
Aligned
60
60
Invalid removed
R²(i)
4%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
59
Thin
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: -18 to 18 months.
Selected shift
+1 month
Correlation at this shift
-46%
+26% stronger than no-shift baseline
Spot Crude Oil Price: West Texas Intermediate shifted 1 month earlier. Reads: "Does Humana Inc. (HUM) today line up with Spot Crude Oil Price: West Texas Intermediate 1 month from now?"
58 overlapping points at this shift
Baseline
-20%
No-shift correlation, matching the main time-series chart above.
Peak shift
+1 month
-46%
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
-23%
12 periods · Return correlation when both series rose
Both Falling
-38%
13 periods · Return correlation when both series fell
Diverging
-61%
34 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
909
A: 1 / B: 908
Series A
Humana Inc. (HUM)
HUM
Stock · 1,253 raw → 61 prepared
Series B
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 968 raw → 968 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.1655
Linear regression slope.
Intercept
0.0025
Linear regression intercept.
Saved 4 months ago · ID: fred-wtisplc_stock-hum_monthly_5y