These move together about 73% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Plug Power Inc is building an end-to-end green hydrogen ecosystem, from production, storage, and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets, including material handling, e-mobility, power generation, and industrial applications.
Market cap 4.3B · 2,582 employees
Lucid Group Inc is a technology and automotive company. It develops the next generation of electric vehicle (EV) technologies. It offers its own geographically distributed retail and service locations through direct-to-consumer online and retail sales. It also boasts a product roadmap of future vehicle programs and technologies. It focuses on in-house hardware and software innovation, vertical integration, and a clean-sheet approach to engineering and design, which led to the development of the Lucid Air. The Lucid Air is a luxury sedan that redefines both the luxury car segment and the EV space. Its geographic segments include North America, the Middle East, and Other International.
What to Watch
Unusual right now
Recent correlation (-46%) is 3.8σ from the long-run average of +92% — pair is behaving differently than usual.
Tighter in drawdowns
Pair moves more tightly when both fall (+68%) than when both rise (+46%) — typical risk-off behaviour.
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
+92%
No shift — both series at their actual dates.
1,198 overlapping points at this shift
Time series with Lucid Group, Inc. Common Stock 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
+92%
Pearson correlation
95% CI
+91% → +93%
Likely range
R²
85.2%
Variance explained
Trend agreement
73.2%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,198
Deep
Pipeline
Pipeline Summary
1,198 paired data points survived the daily window.
Raw input
1,255
1,198
Normalized
1,255
1,198
Prepared
1,255
1,198
Aligned
1,198
1,198
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 2.2B · 9,000 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
+46%
91 periods · Return correlation when both series rose
Both Falling
+68%
104 periods · Return correlation when both series fell
Diverging
-61%
54 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
57
A: 57 / B: 0
Series A
Plug Power Inc.
PLUG
Market cap 4.3B · 2,582 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Lucid Group, Inc. Common Stock
LCID
Market cap 2.2B · 9,000 employees
Stock · 1,198 raw → 1,198 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
9.5869
Linear regression slope.
Intercept
-4.4232
Linear regression intercept.
Saved 1 hour ago · ID: stock-lcid_stock-plug_5y
LCID
Lucid Group, Inc. Common Stock
Strongest positive