Loading market view
Loading market view
Loading correlations
Pultegroup, Inc. (PHM) vs ICE BofA US High Yield Index Effective Yield
Correlation
of % moves
-51%
In sync
of periods
33%
History
daysdays · through 2026-05-20
752
These move in the same direction about 33% of the time
Their swing sizes loosely mirror each other (~26% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
33.0%
Headline metric
Movement correlation(i)
-51%
Based on % moves
95% CI
-57% → -46%
Likely range of correlation
Pipeline
Pipeline Summary
752 paired data points survived the daily window.
Raw input
1,254
786
Normalized
1,254
786
Prepared
1,254
786
Aligned
752
752
Invalid removed
R²(i)
26.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
752
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
No shift
Correlation at this shift
-51%
No shift — both series at their actual dates.
751 overlapping points at this shift
Baseline
-51%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-51%
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
-19%
27 periods · Return correlation when both series rose
Both Falling
-12%
29 periods · Return correlation when both series fell
Diverging
-72%
179 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
536
A: 502 / B: 34
Series A
Pultegroup, Inc. (PHM)
PHM
Stock · 1,254 raw → 1,254 prepared
Series B
ICE BofA US High Yield Index Effective Yield
BAMLH0A0HYM2EY
FRED · 786 raw → 786 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
-0.2555
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 2 weeks ago · ID: fred-bamlh0a0hym2ey_stock-phm_daily_5y