Correlation
of % moves
+38%
In sync
of periods
64%
History
daysdays · through 2026-05-01
1,136
These move in the same direction about 64% of the time
Their swing sizes only faintly line up (~14% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
Approximate (legacy record)In sync(i)
64.4%
Headline metric
Movement correlation(i)
+38%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
1,136 paired data points survived the daily window.
Raw input
1,139
2,515
Normalized
1,139
2,515
Prepared
1,139
2,515
Aligned
1,136
1,136
Invalid removed
R²(i)
14.4%
Variance explained
Significance
N/A
Statistical confidence
Data points
1,136
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
+38%
No shift — both series at their actual dates.
249 overlapping points at this shift
Baseline
+38%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+38%
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
+25%
88 periods · Return correlation when both series rose
Both Falling
+24%
87 periods · Return correlation when both series fell
Diverging
-26%
74 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,382
A: 3 / B: 1379
Series A
PTLO
Stock · 1,139 raw → 1,139 prepared
Series B
Dow Jones Industrial Average
DJIA
FRED · 2,515 raw → 2,515 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.1891
Linear regression slope.
Intercept
0.0025
Linear regression intercept.
Saved 4 days ago · ID: fred-djia_stock-ptlo_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.