Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+24%
In sync
of periods
55%
History
daysdays · through 2026-09-08
181
These move in the same direction about 55% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
55%
Headline metric
Movement correlation(i)
+24%
Based on % moves
95% CI
+10% → +38%
Likely range of correlation
Pipeline
Pipeline Summary
181 paired data points survived the daily window.
Raw input
1,253
181
Normalized
1,253
181
Prepared
1,253
181
Aligned
181
181
Invalid removed
R²(i)
6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
180
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
No shift
Correlation at this shift
+24%
No shift — both series at their actual dates.
180 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+24%
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
+22%
52 periods · Return correlation when both series rose
Both Falling
-2%
46 periods · Return correlation when both series fell
Diverging
-46%
82 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,072
A: 1072 / B: 0
Series A
Moody's Corporation (MCO)
MCO
Stock · 1,253 raw → 1,253 prepared
Series B
Medline Inc. Class A common stock (MDLN)
MDLN
Stock · 181 raw → 181 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.3703
Linear regression slope.
Intercept
-0.0009
Linear regression intercept.
Saved 4 months ago · ID: stock-mco_stock-mdln_daily_5y