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Correlation
of % moves
-21%
In sync
of periods
44%
History
daysdays · through 2026-05-22
108
These move opposite each other about 44% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
44.3%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-39% → -2%
Likely range of correlation
Pipeline
Pipeline Summary
108 paired data points survived the daily window.
Raw input
108
730
Normalized
108
730
Prepared
108
730
Aligned
108
108
Invalid removed
R²(i)
4.5%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
108
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
-21%
No shift — both series at their actual dates.
107 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-21%
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%
20 periods · Return correlation when both series rose
Both Falling
-20%
27 periods · Return correlation when both series fell
Diverging
-67%
60 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
622
A: 0 / B: 622
Series A
Medline Inc. Class A common stock (MDLN)
MDLN
Stock · 108 raw → 108 prepared
Series B
Filecoin (FIL)
FIL
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
-0.4493
Linear regression slope.
Intercept
-0.0027
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-fil_stock-mdln_daily_5y