SeriesMagCorrSyncOverlapThrough
Correlation
-4%
of % moves
In sync
71%
of periods
History
1,254
days · through 2026-05-01
These move opposite each other about 71% of the time
Their swing sizes barely line up — almost no shared pattern.
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
INTC moves ~6 days before NASDAQ Composite
Watch INTC for an early read on NASDAQ Composite.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
71.0%
Headline metric
Movement correlation(i)
-4%
Based on % moves
95% CI
-10% → +1%
Likely range of correlation
Pipeline
Pipeline Summary
1,254 paired data points survived the daily window.
Raw input
1,255
13,927
Normalized
1,255
13,927
Prepared
1,255
13,927
Aligned
1,254
1,254
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
0.2%
Variance explained
Significance
n.s.
Statistical confidence
Data points
1,254
Deep
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
+6 days
Correlation at this shift
-11%
+6% stronger than no-shift baseline
NASDAQ Composite shifted 6 days earlier. Reads: "Does Intel Corp. (INTC) today line up with NASDAQ Composite 6 days from now?"
1,248 overlapping points at this shift
Baseline
-4%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
-11%
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
+25%
105 periods · Return correlation when both series rose
Both Falling
+54%
92 periods · Return correlation when both series fell
Diverging
-64%
52 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,674
A: 1 / B: 12673
Series A
INTC
Stock · 1,255 raw → 1,255 prepared
Series B
NASDAQ Composite
NASDAQCOM
FRED · 13,927 raw → 13,927 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-13.7316
Linear regression slope.
Intercept
16599.9453
Linear regression intercept.
Saved 2 days ago · ID: fred-nasdaqcom_stock-intc_5y