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Correlation
of % moves
-57%
In sync
of periods
32%
History
daysdays · through 2026-06-11
1,054
These move in the same direction about 32% of the time
Their swing sizes loosely mirror each other (~32% 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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Advanced
Statistics
In sync(i)
31.8%
Headline metric
Movement correlation(i)
-57%
Based on % moves
95% CI
-61% → -53%
Likely range of correlation
Pipeline
Pipeline Summary
1,054 paired data points survived the daily window.
Raw input
1,255
1,054
Normalized
1,255
1,054
Prepared
1,255
1,054
Aligned
1,054
1,054
Invalid removed
R²(i)
32.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,054
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
-57%
No shift — both series at their actual dates.
1,053 overlapping points at this shift
Baseline
-57%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-57%
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
-35%
21 periods · Return correlation when both series rose
Both Falling
+6%
29 periods · Return correlation when both series fell
Diverging
-47%
131 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
201
A: 201 / B: 0
Series A
Prudential Financial, Inc. (PRU)
PRU
Stock · 1,255 raw → 1,255 prepared
Series B
2x Long VIX Futures ETF (UVIX)
UVIX
Stock · 1,054 raw → 1,054 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-2.9064
Linear regression slope.
Intercept
-0.0075
Linear regression intercept.
Saved last month · ID: stock-pru_stock-uvix_daily_5y