SeriesMagCorrOverlapThrough
These move together about 43% 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
10Y Treasury Yield
DGS10
What to Watch
Drifting from pattern
Recent correlation (+4%) is running 1.1σ away from the long-run average of +51%.
Holds across regimes
Correlation is similar when markets rise (+19%) and fall (+15%) — 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
+51%
No shift — both series at their actual dates.
1,245 overlapping points at this shift
Time series with 10Y Treasury Yield 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
+51%
Pearson correlation
95% CI
+46% → +55%
Likely range
R²
25.7%
Variance explained
Trend agreement
43.3%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,245
Deep
Pipeline
Pipeline Summary
1,245 paired data points survived the daily window.
Raw input
1,255
16,066
Normalized
1,255
16,066
Prepared
1,255
16,066
Aligned
1,245
1,245
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
+19%
58 periods · Return correlation when both series rose
Both Falling
+15%
37 periods · Return correlation when both series fell
Diverging
-70%
154 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
14,831
A: 10 / B: 14821
Series A
Coca-Cola Company
KO
Market cap 324.7B · 65,900 employees
Stock · 1,255 raw → 1,255 prepared
Series B
DGS10
FRED · 16,066 raw → 16,066 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
39
Estimated crossover points between normalized spreads.
Slope
0.0874
Linear regression slope.
Intercept
-1.9831
Linear regression intercept.
Saved yesterday · ID: fred:dgs10|stock:ko|5Y