Correlation
-11%
of % moves
In sync
64%
of periods
History
1,137
days · through 2026-05-04
These move opposite each other about 64% of the time
Their swing sizes only faintly mirror each other (~1% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
PTLO moves ~6 days before SKYT
Watch PTLO for an early read on SKYT.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
64.2%
Headline metric
Movement correlation(i)
-11%
Based on % moves
95% CI
-17% → -5%
Likely range of correlation
Pipeline
Pipeline Summary
1,137 paired data points survived the daily window.
Raw input
1,137
1,255
Normalized
1,137
1,255
Prepared
1,137
1,255
Aligned
1,137
1,137
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
1.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,137
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
+6 days
Correlation at this shift
-18%
+7% stronger than no-shift baseline
SKYT shifted 6 days earlier. Reads: "Does PTLO today line up with SKYT 6 days from now?"
1,131 overlapping points at this shift
Baseline
-11%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
-18%
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
+15%
90 periods · Return correlation when both series rose
Both Falling
+27%
96 periods · Return correlation when both series fell
Diverging
-33%
63 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
118
A: 0 / B: 118
Series A
PTLO
Stock · 1,137 raw → 1,137 prepared
Series B
SKYT
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
36
Estimated crossover points between normalized spreads.
Slope
-0.0857
Linear regression slope.
Intercept
13.1580
Linear regression intercept.
Saved yesterday · ID: stock-ptlo_stock-skyt_5y