SeriesMagCorrOverlapThrough
These move together about 74% of the time
Moderate positive
A real but noisy link — useful as context, risky as a standalone signal.
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
Market cap 345.6B · 109,000 employees
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.
What to Watch
Drifting from pattern
Recent correlation (+5%) is running 1.3σ away from the long-run average of +47%.
Holds across regimes
Correlation is similar when markets rise (+53%) and fall (+62%) — 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
+47%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Coca-Cola Company 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
+47%
Pearson correlation
95% CI
+42% → +51%
Likely range
R²
21.8%
Variance explained
Trend agreement
73.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
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.
Market cap 324.7B · 65,900 employees
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
+53%
112 periods · Return correlation when both series rose
Both Falling
+62%
96 periods · Return correlation when both series fell
Diverging
-38%
41 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
Procter & Gamble Company
PG
Market cap 345.6B · 109,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Coca-Cola Company
KO
Market cap 324.7B · 65,900 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
52
Estimated crossover points between normalized spreads.
Slope
0.2577
Linear regression slope.
Intercept
23.9635
Linear regression intercept.
Saved yesterday · ID: stock:ko|stock:pg|5Y