SeriesMagCorrOverlapThrough
These move together about 64% of the time
Strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G, 4G, and 5G networks. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones, as well as chips into automotive and Internet of Things markets.
Market cap 160.3B · 52,000 employees
Rithm Capital Corp operates as a real estate investment trust that provides capital and services to the real estate and financial services industries. The company aims to generate attractive risk-adjusted returns in all interest-rate environments through a complementary portfolio of investments and operating businesses. Its investment portfolio is composed of mortgage servicing-related assets (full and excess MSRs and servicer advances), residential securities (and associated call rights), loans (including single-family rental), and consumer loans. Its operating segments are Origination and Servicing; Investment Portfolio; Residential Transitional Lending; and Asset Management.
What to Watch
Drifting from pattern
Recent correlation (+48%) is running 1.2σ away from the long-run average of +76%.
Holds across regimes
Correlation is similar when markets rise (+35%) and fall (+28%) — reliable in both directions.
Flaky
Correlation swings widely across time windows — careful using this as a point estimate.
Time Series
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
+76%
No shift — both series at their actual dates.
941 overlapping points at this shift
Time series with Rithm Capital Corp. at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+76%
Pearson correlation
95% CI
+73% → +78%
Likely range
R²
57.2%
Variance explained
Trend agreement
64.3%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
941
Deep
Pipeline
Pipeline Summary
941 paired data points survived the daily window.
Raw input
1,255
941
Normalized
1,255
941
Prepared
1,255
941
Aligned
941
941
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Market cap 5.7B · 7,240 employees
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%
99 periods · Return correlation when both series rose
Both Falling
+28%
79 periods · Return correlation when both series fell
Diverging
-63%
71 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
314
A: 314 / B: 0
Series A
Qualcomm Inc
QCOM
Market cap 160.3B · 52,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Rithm Capital Corp.
RITM
Market cap 5.7B · 7,240 employees
Stock · 941 raw → 941 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
28
Estimated crossover points between normalized spreads.
Slope
0.0367
Linear regression slope.
Intercept
4.9471
Linear regression intercept.
Saved 2 hours ago · ID: stock-qcom_stock-ritm_5y
RITM
Rithm Capital Corp.
Strongest positive