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Nakamoto Inc. Common Stock (NAKA) vs St. Louis Financial Stress Index
Correlation
of % moves
-25%
In sync
of periods
33%
History
weeksweeks · through 2026-36
68
These move in the same direction about 33% of the time
Their swing sizes only faintly mirror each other (~6% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
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)
33%
Headline metric
Movement correlation(i)
-25%
Based on % moves
95% CI
-47% → -1%
Likely range of correlation
Pipeline
Pipeline Summary
68 paired data points survived the weekly window.
Raw input
330
1,706
Normalized
330
1,706
Prepared
70
1,706
Aligned
68
68
Invalid removed
R²(i)
6%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
67
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-25%
No shift — both series at their actual dates.
67 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
-23%
7 periods · Return correlation when both series rose
Both Falling
+12%
15 periods · Return correlation when both series fell
Diverging
-41%
45 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,640
A: 2 / B: 1638
Series A
Nakamoto Inc. Common Stock (NAKA)
NAKA
Stock · 330 raw → 70 prepared
Series B
St. Louis Financial Stress Index
STLFSI4
FRED · 1,706 raw → 1,706 prepared
Sign agreement
0.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.1750
Linear regression slope.
Intercept
-0.0168
Linear regression intercept.
Saved 4 months ago · ID: fred-stlfsi4_stock-naka_weekly_5y