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MSCI, Inc. (MSCI) vs Case-Shiller Home Price Index
Correlation
of % moves
-46%
In sync
of periods
35%
History
monthsmonths · through 2026-05
58
These move in the same direction about 35% of the time
Their swing sizes loosely mirror each other (~21% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
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.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
35%
Headline metric
Movement correlation(i)
-46%
Based on % moves
95% CI
-64% → -23%
Likely range of correlation
Pipeline
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
473
Normalized
1,254
473
Prepared
61
473
Aligned
58
58
Invalid removed
R²(i)
21%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
57
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-46%
No shift — both series at their actual dates.
57 overlapping points at this shift
Baseline
-46%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-46%
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
-65%
13 periods · Return correlation when both series rose
Both Falling
+65%
7 periods · Return correlation when both series fell
Diverging
-75%
37 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
418
A: 3 / B: 415
Series A
MSCI, Inc. (MSCI)
MSCI
Stock · 1,254 raw → 61 prepared
Series B
Case-Shiller Home Price Index
CSUSHPINSA
FRED · 473 raw → 473 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
12
Estimated crossover points between normalized spreads.
Slope
-0.0636
Linear regression slope.
Intercept
0.0038
Linear regression intercept.
Saved 4 months ago · ID: fred-csushpinsa_stock-msci_monthly_5y