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Occidental Petroleum Corporation (OXY) vs Personal Consumption
Correlation
of % moves
+42%
In sync
of periods
48%
History
monthsmonths · through 2026-03
59
These move in the same direction about 48% of the time
Their swing sizes loosely line up (~17% 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.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
48.3%
Headline metric
Movement correlation(i)
+42%
Based on % moves
95% CI
+18% → +61%
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
807
Normalized
1,254
807
Prepared
61
807
Aligned
59
59
Invalid removed
Likely range of correlation
R²(i)
17.4%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
59
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+42%
No shift — both series at their actual dates.
58 overlapping points at this shift
Baseline
+42%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+42%
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
+37%
28 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-16%
30 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
750
A: 2 / B: 748
Series A
Occidental Petroleum Corporation (OXY)
OXY
Stock · 1,254 raw → 61 prepared
Series B
Personal Consumption
PCE
FRED · 807 raw → 807 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0178
Linear regression slope.
Intercept
0.0052
Linear regression intercept.
Saved 2 weeks ago · ID: fred-pce_stock-oxy_monthly_5y