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RBC Bearings Incorporated (RBC) vs Monetary Base
Correlation
of % moves
-1%
In sync
of periods
45%
History
monthsmonths · through 2026-03
49
These move in the same direction about 45% of the time
Their swing sizes barely line up — almost no shared pattern.
A faint pattern — interesting as colour, not strong enough to act on alone.
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
RBC moves ~13 months before Monetary Base
Watch RBC for an early read on Monetary Base.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
44.7%
Headline metric
Movement correlation(i)
-1%
Based on % moves
95% CI
-30% → +27%
Likely range of correlation
Pipeline
Pipeline Summary
49 paired data points survived the monthly window.
Raw input
1,008
807
Normalized
1,008
807
Prepared
51
807
Aligned
49
49
Invalid removed
R²(i)
0.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
49
Thin
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: -18 to 18 months.
Selected shift
+13 months
Correlation at this shift
+41%
+39% stronger than no-shift baseline
Monetary Base shifted 13 months earlier. Reads: "Does RBC Bearings Incorporated (RBC) today line up with Monetary Base 13 months from now?"
29 overlapping points at this shift
Baseline
-1%
No-shift correlation, matching the main time-series chart above.
Peak shift
+13 months
+41%
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
+10%
13 periods · Return correlation when both series rose
Both Falling
+30%
8 periods · Return correlation when both series fell
Diverging
-50%
26 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
760
A: 2 / B: 758
Series A
RBC Bearings Incorporated (RBC)
RBC
Stock · 1,008 raw → 51 prepared
Series B
Monetary Base
BOGMBASE
FRED · 807 raw → 807 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
-0.0037
Linear regression slope.
Intercept
0.0013
Linear regression intercept.
Saved 2 weeks ago · ID: fred-bogmbase_stock-rbc_monthly_5y