Correlation
+9%
of % moves
In sync
53%
of periods
History
93
days · through 2026-05-01
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~1% 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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
US Economic Policy Uncertainty moves ~6 days before MDLN
Watch US Economic Policy Uncertainty for an early read on MDLN.
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)
53.3%
Headline metric
Movement correlation(i)
+9%
Based on % moves
95% CI
-11% → +29%
Likely range of correlation
Pipeline
Pipeline Summary
93 paired data points survived the daily window.
Raw input
94
15,098
Normalized
94
15,098
Prepared
94
15,098
Aligned
93
93
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)
0.9%
Variance explained
Significance
n.s.
Statistical confidence
Data points
93
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
-20%
+11% stronger than no-shift baseline
US Economic Policy Uncertainty shifted 6 days later. Reads: "Does MDLN today line up with US Economic Policy Uncertainty 6 days ago?"
87 overlapping points at this shift
Baseline
+9%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
-20%
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
-1%
26 periods · Return correlation when both series rose
Both Falling
+10%
23 periods · Return correlation when both series fell
Diverging
-57%
43 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
15,006
A: 1 / B: 15005
Series A
MDLN
Stock · 94 raw → 94 prepared
Series B
US Economic Policy Uncertainty
USEPUINDXD
FRED · 15,098 raw → 15,098 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
39
Estimated crossover points between normalized spreads.
Slope
4.1040
Linear regression slope.
Intercept
161.6842
Linear regression intercept.
Saved yesterday · ID: fred-usepuindxd_stock-mdln_5y