SeriesMagCorrSyncOverlapThrough
Correlation
+60%
of % moves
In sync
34%
of periods
History
60
months · through 2026-04
These move in the same direction about 34% of the time
Their swing sizes loosely line up (~36% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
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.
KO moves ~3 months before Aaa Corporate Bond Yield
Watch KO for an early read on Aaa Corporate Bond Yield.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
33.9%
Headline metric
Movement correlation(i)
+60%
Based on % moves
95% CI
+41% → +74%
Likely range of correlation
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,255
1,288
Normalized
1,255
1,288
Prepared
61
1,288
Aligned
60
60
Invalid removed
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R²(i)
36.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
60
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
+3 months
Correlation at this shift
+68%
+8% stronger than no-shift baseline
Aaa Corporate Bond Yield shifted 3 months earlier. Reads: "Does Coca-Cola Co. (KO) today line up with Aaa Corporate Bond Yield 3 months from now?"
57 overlapping points at this shift
Baseline
+60%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 months
+68%
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
+65%
12 periods · Return correlation when both series rose
Both Falling
-2%
8 periods · Return correlation when both series fell
Diverging
-70%
39 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,229
A: 1 / B: 1228
Series A
KO
Stock · 1,255 raw → 61 prepared
Series B
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.0945
Linear regression slope.
Intercept
-1.4211
Linear regression intercept.
Saved 2 days ago · ID: fred-aaa_stock-ko_5y
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Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.