Loading market view
Loading market view
Loading correlations
Correlation
of % moves
-51%
In sync
of periods
37%
History
daysdays · through 2026-09-08
212
These move in the same direction about 37% of the time
Their swing sizes loosely mirror each other (~26% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
37%
Headline metric
Movement correlation(i)
-51%
Based on % moves
95% CI
-61% → -41%
Likely range of correlation
Pipeline
Pipeline Summary
212 paired data points survived the daily window.
Raw input
212
1,253
Normalized
212
1,253
Prepared
212
1,253
Aligned
212
212
Invalid removed
R²(i)
26%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
211
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
-51%
No shift — both series at their actual dates.
211 overlapping points at this shift
Baseline
-51%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-51%
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
-23%
37 periods · Return correlation when both series rose
Both Falling
-1%
42 periods · Return correlation when both series fell
Diverging
-68%
132 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,041
A: 0 / B: 1041
Series A
Qnity Electronics, Inc. (Q)
Q
Stock · 212 raw → 212 prepared
Series B
iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)
VXX
Stock · 1,253 raw → 1,253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-0.4968
Linear regression slope.
Intercept
-0.0024
Linear regression intercept.
Saved 4 months ago · ID: stock-q_stock-vxx_daily_5y