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Palantir Technologies Inc. Class A Common Stock (PLTR) vs Unemployment Rate
Correlation
of % moves
+33%
In sync
of periods
65%
History
monthsmonths · through 2026-08
59
These move in the same direction about 65% of the time
Their swing sizes only faintly line up (~11% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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
Unemployment Rate moves ~6 months before PLTR
Watch Unemployment Rate for an early read on PLTR.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
65%
Headline metric
Movement correlation(i)
+33%
Based on % moves
95% CI
+8% → +54%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
943
Normalized
1,254
943
Prepared
61
943
Aligned
59
59
Invalid removed
R²(i)
11%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
57
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
-6 months
Correlation at this shift
+48%
+15% stronger than no-shift baseline
Unemployment Rate shifted 6 months later. Reads: "Does Palantir Technologies Inc. Class A Common Stock (PLTR) today line up with Unemployment Rate 6 months ago?"
45 overlapping points at this shift
Baseline
+33%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 months
+48%
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
+2%
12 periods · Return correlation when both series rose
Both Falling
-18%
14 periods · Return correlation when both series fell
Diverging
-34%
31 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
886
A: 2 / B: 884
Series A
Palantir Technologies Inc. Class A Common Stock (PLTR)
PLTR
Stock · 1,254 raw → 61 prepared
Series B
Unemployment Rate
UNRATE
FRED · 943 raw → 943 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0670
Linear regression slope.
Intercept
-0.0049
Linear regression intercept.
Saved 4 months ago · ID: fred-unrate_stock-pltr_monthly_5y