Correlation
of % moves
-1%
In sync
of periods
79%
History
daysdays · through 2026-05-06
1,255
These move opposite each other about 79% of the time
Their swing sizes barely line up — almost no shared pattern.
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
ON moves ~6 days before TXN
Watch ON for an early read on TXN.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
78.9%
Headline metric
Movement correlation(i)
-1%
Based on % moves
95% CI
-6% → +5%
Likely range of correlation
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
R²(i)
0.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
1,255
Deep
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
-10%
+9% stronger than no-shift baseline
ON Semiconductor Corp. (ON) shifted 6 days later. Reads: "Does Texas Instruments Inc. (TXN) today line up with ON Semiconductor Corp. (ON) 6 days ago?"
1,249 overlapping points at this shift
Baseline
-1%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
-10%
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
+59%
116 periods · Return correlation when both series rose
Both Falling
+34%
112 periods · Return correlation when both series fell
Diverging
-55%
21 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
TXN
Stock · 1,255 raw → 1,255 prepared
Series B
ON
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
-0.0071
Linear regression slope.
Intercept
65.6084
Linear regression intercept.
Saved 2 days ago · ID: stock-on_stock-txn_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.