SeriesMagCorrOverlapThrough
These move together about 38% of the time
Light positive
Weak relationship — not much actionable signal here beyond directional colour.
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
30Y Mortgage Rate
MORTGAGE30US
What to Watch
Unusual right now
Recent correlation (-77%) is 2.0σ from the long-run average of +40% — pair is behaving differently than usual.
KO moves ~12 weeks before 30Y Mortgage Rate
Watch KO for an early read on 30Y Mortgage Rate.
Holds across regimes
Correlation is similar when markets rise (-9%) and fall (+6%) — 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: -12 to 12 weeks.
Selected shift
+12 weeks
Correlation at this shift
+47%
+8% stronger than no-shift baseline
30Y Mortgage Rate shifted 12 weeks earlier. Reads: "Does Coca-Cola Company today line up with 30Y Mortgage Rate 12 weeks from now?"
249 overlapping points at this shift
Time series with 30Y Mortgage Rate shifted 12 weeks earlier
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
+40%
Pearson correlation
95% CI
+29% → +49%
Likely range
R²
15.6%
Variance explained
Trend agreement
38.2%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
261
Robust
Pipeline
Pipeline Summary
261 paired data points survived the weekly window.
Raw input
1,255
2,875
Normalized
1,255
2,875
Prepared
261
2,875
Aligned
261
261
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
-9%
51 periods · Return correlation when both series rose
Both Falling
+6%
44 periods · Return correlation when both series fell
Diverging
-60%
154 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,614
A: 0 / B: 2614
Series A
Coca-Cola Company
KO
Market cap 324.7B · 65,900 employees
Stock · 1,255 raw → 261 prepared
Series B
MORTGAGE30US
FRED · 2,875 raw → 2,875 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.0909
Linear regression slope.
Intercept
0.1409
Linear regression intercept.
Saved yesterday · ID: fred:mortgage30us|stock:ko|5Y
MORTGAGE30US
30Y Mortgage Rate
Strongest positive