Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+23%
In sync
of periods
62%
History
daysdays · through 2025-04-24
898
These move in the same direction about 62% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Explore
Advanced
Statistics
In sync(i)
62%
Headline metric
Movement correlation(i)
+23%
Based on % moves
95% CI
+17% → +30%
Likely range of correlation
Pipeline
Pipeline Summary
898 paired data points survived the daily window.
Raw input
1,253
898
Normalized
1,253
898
Prepared
1,253
898
Aligned
898
898
Invalid removed
R²(i)
6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
897
Deep
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
+23%
No shift — both series at their actual dates.
897 overlapping points at this shift
Baseline
+23%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+23%
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
+58%
66 periods · Return correlation when both series rose
Both Falling
+35%
92 periods · Return correlation when both series fell
Diverging
-14%
56 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
355
A: 355 / B: 0
Series A
Twilio Inc. (TWLO)
TWLO
Stock · 1,253 raw → 1,253 prepared
Series B
MKFG
Stock · 898 raw → 898 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
20
Estimated crossover points between normalized spreads.
Slope
0.3401
Linear regression slope.
Intercept
-0.0026
Linear regression intercept.
Saved 5 months ago · ID: stock-mkfg_stock-twlo_daily_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.