These move opposite each other about 75% of the time
Light inverse
Weak relationship — not much actionable signal here beyond directional colour.
Bitcoin
BTC
Layer 1 · USD pair
Internet Computer
ICP
Smart Contract · USD pair
What to Watch
Unusual right now
Recent correlation (+82%) is 4.6σ from the long-run average of -20% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (+29%) and fall (+43%) — reliable in both directions.
Flaky
Correlation swings widely across time windows — careful using this as a point estimate.
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
-20%
No shift — both series at their actual dates.
730 overlapping points at this shift
Time series with Internet Computer 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
-20%
Pearson correlation
95% CI
-27% → -13%
Likely range
R²
4.1%
Variance explained
Trend agreement
75.2%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
730
Robust
Pipeline
Pipeline Summary
730 paired data points survived the daily window.
Raw input
730
730
Normalized
730
730
Prepared
730
730
Aligned
730
730
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.
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
+29%
97 periods · Return correlation when both series rose
Both Falling
+43%
107 periods · Return correlation when both series fell
Diverging
-56%
45 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
Bitcoin
BTC
Crypto · 730 raw → 730 prepared
Series B
Internet Computer
ICP
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
22
Estimated crossover points between normalized spreads.
Slope
-0.0000
Linear regression slope.
Intercept
9.2000
Linear regression intercept.
Saved 2 days ago · ID: crypto:btc|crypto:icp|5Y