Correlation
of % moves
+56%
In sync
of periods
62%
History
daysdays · through 2026-05-06
127
These move in the same direction about 62% of the time
Their swing sizes loosely line up (~31% 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
NEM moves ~6 days before Q
Watch NEM for an early read on Q.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
61.9%
Headline metric
Movement correlation(i)
+56%
Based on % moves
95% CI
+43% → +67%
Likely range of correlation
Pipeline
Pipeline Summary
127 paired data points survived the daily window.
Raw input
1,255
127
Normalized
1,255
127
Prepared
1,255
127
Aligned
127
127
Invalid removed
R²(i)
31.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
127
Usable
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
+6 days
Correlation at this shift
+63%
+7% stronger than no-shift baseline
Q shifted 6 days earlier. Reads: "Does Newmont Corp. (NEM) today line up with Q 6 days from now?"
121 overlapping points at this shift
Baseline
+56%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
+63%
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
+31%
50 periods · Return correlation when both series rose
Both Falling
+14%
28 periods · Return correlation when both series fell
Diverging
-56%
48 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,128
A: 1128 / B: 0
Series A
NEM
Stock · 1,255 raw → 1,255 prepared
Series B
Q
Stock · 127 raw → 127 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
0.8645
Linear regression slope.
Intercept
11.5782
Linear regression intercept.
Saved 2 hours ago · ID: stock-nem_stock-q_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.