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Nakamoto Inc. Common Stock (NAKA) vs Dow Jones Industrial Average
Correlation
of % moves
+20%
In sync
of periods
59%
History
daysdays · through 2026-07-07
280
These move in the same direction about 59% of the time
Their swing sizes only faintly line up (~4% 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
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)
59%
Headline metric
Movement correlation(i)
+20%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
280 paired data points survived the daily window.
Raw input
282
2,512
Normalized
282
2,512
Prepared
282
2,512
Aligned
280
280
Invalid removed
4%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
279
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
+20%
No shift — both series at their actual dates.
279 overlapping points at this shift
Baseline
+20%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+20%
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
-2%
66 periods · Return correlation when both series rose
Both Falling
-15%
86 periods · Return correlation when both series fell
Diverging
-19%
97 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,234
A: 2 / B: 2232
Series A
Nakamoto Inc. Common Stock (NAKA)
NAKA
Stock · 282 raw → 282 prepared
Series B
Dow Jones Industrial Average
DJIA
FRED · 2,512 raw → 2,512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.0141
Linear regression slope.
Intercept
0.0011
Linear regression intercept.
Saved 3 months ago · ID: fred-djia_stock-naka_daily_5y