Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+25%
In sync
of periods
55%
History
daysdays · through 2026-09-08
501
These move in the same direction about 55% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
55%
Headline metric
Movement correlation(i)
+25%
Based on % moves
95% CI
+17% → +33%
Likely range of correlation
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,253
730
Normalized
1,253
730
Prepared
1,253
730
Aligned
501
501
Invalid removed
R²(i)
6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
500
Robust
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
+25%
No shift — both series at their actual dates.
500 overlapping points at this shift
Baseline
+25%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+25%
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
+12%
69 periods · Return correlation when both series rose
Both Falling
+2%
73 periods · Return correlation when both series fell
Diverging
-41%
107 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
981
A: 752 / B: 229
Series A
Moderna, Inc. Common Stock (MRNA)
MRNA
Stock · 1,253 raw → 1,253 prepared
Series B
Ethereum (ETH)
ETH
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
12
Estimated crossover points between normalized spreads.
Slope
0.1688
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 4 months ago · ID: crypto-eth_stock-mrna_daily_5y