SeriesMagCorrSyncOverlapThrough
Correlation
+38%
of % moves
In sync
60%
of periods
History
75
days · through 2026-05-01
These move in the same direction about 60% of the time
Their swing sizes only faintly line up (~14% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Secured Overnight Financing Rate moves ~2 days before MRSH
Watch Secured Overnight Financing Rate for an early read on MRSH.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
59.6%
Headline metric
Movement correlation(i)
+38%
Based on % moves
95% CI
+17% → +56%
Likely range of correlation
Pipeline
Pipeline Summary
75 paired data points survived the daily window.
Raw input
76
2,018
Normalized
76
2,018
Prepared
76
2,018
Aligned
75
75
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)
14.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
75
Thin
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
-2 days
Correlation at this shift
+43%
+5% stronger than no-shift baseline
Secured Overnight Financing Rate shifted 2 days later. Reads: "Does MRSH today line up with Secured Overnight Financing Rate 2 days ago?"
73 overlapping points at this shift
Baseline
+38%
No-shift correlation, matching the main time-series chart above.
Peak shift
-2 days
+43%
A non-zero peak suggests one series lines up better when shifted against the other.
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
-8%
17 periods · Return correlation when both series rose
Both Falling
-28%
17 periods · Return correlation when both series fell
Diverging
-49%
40 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,944
A: 1 / B: 1943
Series A
MRSH
Stock · 76 raw → 76 prepared
Series B
Secured Overnight Financing Rate
SOFR
FRED · 2,018 raw → 2,018 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.0017
Linear regression slope.
Intercept
3.3440
Linear regression intercept.
Saved yesterday · ID: fred-sofr_stock-mrsh_5y