These move together about 49% of the time
Near-zero 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
XRP
XRP
Layer 1 · USD pair
What to Watch
Unusual right now
Recent correlation (-85%) is 2.6σ from the long-run average of +4% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (+14%) and fall (+9%) — 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
+4%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with XRP 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
+4%
Pearson correlation
95% CI
-5% → +13%
Likely range
R²
0.2%
Variance explained
Trend agreement
49.4%
Same-direction moves
Significance
n.s.
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
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
+14%
60 periods · Return correlation when both series rose
Both Falling
+9%
70 periods · Return correlation when both series fell
Diverging
-47%
119 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Coca-Cola Company
KO
Market cap 324.7B · 65,900 employees
Stock · 1,255 raw → 1,255 prepared
Series B
XRP
XRP
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.0083
Linear regression slope.
Intercept
1.1983
Linear regression intercept.
Saved yesterday · ID: crypto:xrp|stock:ko|5Y