Correlation
-30%
of % moves
In sync
51%
of periods
History
237
days · through 2026-05-04
These move opposite each other about 51% of the time
Their swing sizes only faintly mirror each other (~9% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
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
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
MCD moves ~6 days before NAKA
Watch MCD for an early read on NAKA.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
50.6%
Headline metric
Movement correlation(i)
-30%
Based on % moves
95% CI
-41% → -18%
Likely range of correlation
Pipeline
Pipeline Summary
237 paired data points survived the daily window.
Raw input
1,255
237
Normalized
1,255
237
Prepared
1,255
237
Aligned
237
237
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
8.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
237
Usable
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
+6 days
Correlation at this shift
-39%
+9% stronger than no-shift baseline
NAKA shifted 6 days earlier. Reads: "Does McDonald's Corp. (MCD) today line up with NAKA 6 days from now?"
231 overlapping points at this shift
Baseline
-30%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
-39%
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
-13%
40 periods · Return correlation when both series rose
Both Falling
-2%
79 periods · Return correlation when both series fell
Diverging
-25%
117 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,018
A: 1018 / B: 0
Series A
MCD
Stock · 1,255 raw → 1,255 prepared
Series B
NAKA
Stock · 237 raw → 237 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
22
Estimated crossover points between normalized spreads.
Slope
-0.1725
Linear regression slope.
Intercept
57.3480
Linear regression intercept.
Saved yesterday · ID: stock-mcd_stock-naka_5y