Loading market view
Loading market view
Loading correlations
Litecoin (LTC) vs IG Bond Spread
Correlation
of % moves
-22%
In sync
of periods
41%
History
daysdays · through 2026-05-20
519
These move in the same direction about 41% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
40.7%
Headline metric
Movement correlation(i)
-22%
Based on % moves
95% CI
-30% → -14%
Likely range of correlation
Pipeline
Pipeline Summary
519 paired data points survived the daily window.
Raw input
729
785
Normalized
729
785
Prepared
729
785
Aligned
519
519
Invalid removed
R²(i)
5.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
519
Robust
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
-22%
No shift — both series at their actual dates.
518 overlapping points at this shift
Baseline
-22%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-22%
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
+5%
30 periods · Return correlation when both series rose
Both Falling
-29%
41 periods · Return correlation when both series fell
Diverging
-44%
178 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
476
A: 210 / B: 266
Series A
Litecoin (LTC)
LTC
Crypto · 729 raw → 729 prepared
Series B
IG Bond Spread
BAMLC0A0CM
FRED · 785 raw → 785 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
-0.0781
Linear regression slope.
Intercept
-0.0004
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-ltc_fred-bamlc0a0cm_daily_5y