Loading market view
Loading market view
Loading correlations
Nakamoto Inc. Common Stock (NAKA) vs PPI: All Commodities
Correlation
of % moves
+36%
In sync
of periods
53%
History
monthsmonths · through 2026-08
16
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~13% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
NAKA moves ~5 months before PPI: All Commodities
Watch NAKA for an early read on PPI: All Commodities.
Advanced
Statistics
In sync(i)
53%
Headline metric
Movement correlation(i)
+36%
Based on % moves
95% CI
-19% → +74%
Pipeline
Pipeline Summary
16 paired data points survived the monthly window.
Raw input
329
1,364
Normalized
329
1,364
Prepared
17
1,364
Aligned
16
16
Invalid removed
Likely range of correlation
R²(i)
13%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
15
Limited
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: -5 to 5 months.
Selected shift
+5 months
Correlation at this shift
-59%
+23% stronger than no-shift baseline
PPI: All Commodities shifted 5 months earlier. Reads: "Does Nakamoto Inc. Common Stock (NAKA) today line up with PPI: All Commodities 5 months from now?"
10 overlapping points at this shift
Baseline
+36%
No-shift correlation, matching the main time-series chart above.
Peak shift
+5 months
-59%
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
N/A
2 periods · Return correlation when both series rose
Both Falling
-46%
6 periods · Return correlation when both series fell
Diverging
+65%
7 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,349
A: 1 / B: 1348
Series A
Nakamoto Inc. Common Stock (NAKA)
NAKA
Stock · 329 raw → 17 prepared
Series B
PPI: All Commodities
PPIACO
FRED · 1,364 raw → 1,364 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0108
Linear regression slope.
Intercept
0.0108
Linear regression intercept.
Saved 4 months ago · ID: fred-ppiaco_stock-naka_monthly_5y