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Chainlink (LINK) vs Total Consumer Credit
Correlation
of % moves
-59%
In sync
of periods
33%
History
monthsmonths · through 2026-06
22
These move in the same direction about 33% of the time
Their swing sizes loosely mirror each other (~34% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Total Consumer Credit moves ~8 months before LINK
Watch Total Consumer Credit for an early read on LINK.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
33%
Headline metric
Movement correlation(i)
-59%
Based on % moves
95% CI
-81% → -21%
Pipeline
Pipeline Summary
22 paired data points survived the monthly window.
Raw input
729
1,002
Normalized
729
1,002
Prepared
25
1,002
Aligned
22
22
Invalid removed
Likely range of correlation
R²(i)
34%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points(i)
21
Limited
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: -11 to 11 months.
Selected shift
-8 months
Correlation at this shift
-64%
+5% stronger than no-shift baseline
Total Consumer Credit shifted 8 months later. Reads: "Does Chainlink (LINK) today line up with Total Consumer Credit 8 months ago?"
13 overlapping points at this shift
Baseline
-59%
No-shift correlation, matching the main time-series chart above.
Peak shift
-8 months
-64%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
-91%
6 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-80%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 3 / B: 980
Series A
Chainlink (LINK)
LINK
Crypto · 729 raw → 25 prepared
Series B
Total Consumer Credit
TOTALSL
FRED · 1,002 raw → 1,002 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.0172
Linear regression slope.
Intercept
0.0007
Linear regression intercept.
Saved 4 months ago · ID: crypto-link_fred-totalsl_monthly_5y