SeriesMagCorrOverlapThrough
Overview
Relationship
These move together about 45% of the time
Weak relationship — not much actionable signal here beyond directional colour.
Read
When one moves up, the other tends to follow.
The saved window keeps correlation, overlap, alignment, and freshness anchored to the same computed record.
What to Watch
O moves ~5 weeks before St. Louis Financial Stress Index
Watch O for an early read on St. Louis Financial Stress Index.
Holds across regimes
Correlation is similar when markets rise (-10%) and fall (+3%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
+5 weeks
Correlation at this shift
+41%
+16% stronger than no-shift baseline
St. Louis Financial Stress Index shifted 5 weeks earlier. Reads: "Does Realty Income Corporation today line up with St. Louis Financial Stress Index 5 weeks from now?"
255 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
+5 weeks
+41%
A non-zero peak suggests one series lines up better when shifted against the other.
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+24%
Pearson correlation
95% CI
+12% → +35%
Likely range
R²
5.9%
Variance explained
Trend agreement
44.8%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
260
Robust
Pipeline
Pipeline Summary
260 paired data points survived the weekly window.
Raw input
1,255
1,687
Normalized
1,255
1,687
Prepared
261
1,687
Aligned
260
260
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
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
-10%
64 periods · Return correlation when both series rose
Both Falling
+3%
47 periods · Return correlation when both series fell
Diverging
-64%
138 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,428
A: 1 / B: 1427
Series A
Realty Income Corporation
O
Market cap 58.5B · 544 employees
Stock · 1,255 raw → 261 prepared
Series B
STLFSI4
FRED · 1,687 raw → 1,687 prepared
Sign agreement
8.8%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
0.0129
Linear regression slope.
Intercept
-1.2798
Linear regression intercept.
Saved 2 hours ago · ID: fred-stlfsi4_stock-o_5y