SeriesMagCorrSyncOverlapThrough
Correlation
of % moves
-34%
In sync
of periods
49%
History
weeksweeks · through 2026-16
208
These move opposite each other about 49% of the time
Their swing sizes only faintly mirror each other (~12% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
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Advanced
Statistics
In sync(i)
48.8%
Headline metric
Movement correlation(i)
-34%
Based on % moves
95% CI
-46% → -22%
Likely range of correlation
Pipeline
Pipeline Summary
208 paired data points survived the weekly window.
Raw input
1,009
3,094
Normalized
1,009
3,094
Prepared
211
3,094
Aligned
208
208
Invalid removed
R²(i)
11.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
208
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-34%
No shift — both series at their actual dates.
208 overlapping points at this shift
Baseline
-34%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-34%
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
-20%
51 periods · Return correlation when both series rose
Both Falling
-19%
48 periods · Return correlation when both series fell
Diverging
-62%
108 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,889
A: 3 / B: 2886
Series A
RBC
Stock · 1,009 raw → 211 prepared
Series B
Continued Jobless Claims
CCSA
FRED · 3,094 raw → 3,094 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-1326.7249
Linear regression slope.
Intercept
2318761.9769
Linear regression intercept.
Saved 4 hours ago · ID: fred-ccsa_stock-rbc_5y
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Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.