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Nakamoto Inc. Common Stock (NAKA) vs Unemployment Rate
Correlation
of % moves
-29%
In sync
of periods
56%
History
monthsmonths · through 2026-08
15
These move in the same direction about 56% of the time
Their swing sizes only faintly mirror each other (~8% 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.
Advanced
Statistics
In sync(i)
56%
Headline metric
Movement correlation(i)
-29%
Based on % moves
95% CI
-72% → +31%
Pipeline
Pipeline Summary
15 paired data points survived the monthly window.
Raw input
328
943
Normalized
328
943
Prepared
17
943
Aligned
15
15
Invalid removed
Likely range of correlation
R²(i)
8%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
13
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: -1 to 1 months.
Selected shift
No shift
Correlation at this shift
-29%
No shift — both series at their actual dates.
13 overlapping points at this shift
Baseline
-29%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-29%
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
0 periods · Return correlation when both series rose
Both Falling
+100%
5 periods · Return correlation when both series fell
Diverging
-63%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
930
A: 2 / B: 928
Series A
Nakamoto Inc. Common Stock (NAKA)
NAKA
Stock · 328 raw → 17 prepared
Series B
Unemployment Rate
UNRATE
FRED · 943 raw → 943 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0196
Linear regression slope.
Intercept
-0.0109
Linear regression intercept.
Saved 3 months ago · ID: fred-unrate_stock-naka_monthly_5y