Overview
Relationship
These move together about 53% of the time
A real but noisy link — useful as context, risky as a standalone signal.
Read
When one moves up, the other tends to follow.
The saved window keeps correlation, overlap, alignment, and freshness anchored to the same computed record.
What to Watch
Unusual right now
Recent correlation (-70%) is 3.0σ from the long-run average of +53% — pair is behaving differently than usual.
MDT moves ~6 days before GEV
Watch MDT for an early read on GEV.
Tighter in drawdowns
Pair moves more tightly when both fall (+36%) than when both rise (+2%) — typical risk-off behaviour.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
+59%
+5% stronger than no-shift baseline
Medtronic plc shifted 6 days later. Reads: "Does GE Vernova Inc. today line up with Medtronic plc 6 days ago?"
517 overlapping points at this shift
Baseline
+53%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
+59%
A non-zero peak suggests one series lines up better when shifted against the other.
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+53%
Pearson correlation
95% CI
+47% → +59%
Likely range
R²
28.6%
Variance explained
Trend agreement
53.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
523
Robust
Pipeline
Pipeline Summary
523 paired data points survived the daily window.
Raw input
523
1,255
Normalized
523
1,255
Prepared
523
1,255
Aligned
523
523
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.
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
+2%
78 periods · Return correlation when both series rose
Both Falling
+36%
64 periods · Return correlation when both series fell
Diverging
-52%
107 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
732
A: 0 / B: 732
Series A
GE Vernova Inc.
GEV
Market cap 301B · 75,000 employees
Stock · 523 raw → 523 prepared
Series B
Medtronic plc
MDT
Market cap 102.7B · 95,000 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0143
Linear regression slope.
Intercept
82.3389
Linear regression intercept.
Saved 3 hours ago · ID: stock-gev_stock-mdt_5y