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Correlation
of % moves
-55%
In sync
of periods
34%
History
daysdays · through 2026-05-20
137
These move opposite each other about 34% of the time
Their swing sizes loosely mirror each other (~30% 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.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
34.1%
Headline metric
Movement correlation(i)
-55%
Based on % moves
95% CI
-66% → -42%
Likely range of correlation
Pipeline
Pipeline Summary
137 paired data points survived the daily window.
Raw input
139
9,190
Normalized
139
9,190
Prepared
139
9,190
Aligned
137
137
Invalid removed
R²(i)
30.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
137
Usable
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
-55%
No shift — both series at their actual dates.
136 overlapping points at this shift
Baseline
-55%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-55%
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
-4%
25 periods · Return correlation when both series rose
Both Falling
-18%
21 periods · Return correlation when both series fell
Diverging
-71%
90 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
9,055
A: 2 / B: 9053
Series A
Q
Stock · 139 raw → 139 prepared
Series B
VIX
VIXCLS
FRED · 9,190 raw → 9,190 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-1.1816
Linear regression slope.
Intercept
0.0041
Linear regression intercept.
Saved 2 weeks ago · ID: fred-vixcls_stock-q_daily_5y