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RBC Bearings Incorporated (RBC) vs 5Y Treasury Yield
Correlation
of % moves
+2%
In sync
of periods
48%
History
daysdays · through 2026-05-20
999
These move in the same direction about 48% of the time
Their swing sizes barely line up — almost no shared pattern.
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
RBC moves ~3 days before 5Y Treasury Yield
Watch RBC for an early read on 5Y Treasury Yield.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
48.2%
Headline metric
Movement correlation(i)
+2%
Based on % moves
95% CI
-4% → +9%
Likely range of correlation
Pipeline
Pipeline Summary
999 paired data points survived the daily window.
Raw input
1,008
16,081
Normalized
1,008
16,081
Prepared
1,008
16,081
Aligned
999
999
Invalid removed
R²(i)
0.1%
Variance explained
Significance
n.s.
Statistical confidence
Data points
999
Deep
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
+3 days
Correlation at this shift
-8%
+5% stronger than no-shift baseline
5Y Treasury Yield shifted 3 days earlier. Reads: "Does RBC Bearings Incorporated (RBC) today line up with 5Y Treasury Yield 3 days from now?"
991 overlapping points at this shift
Baseline
+2%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 days
-8%
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
+2%
46 periods · Return correlation when both series rose
Both Falling
+15%
43 periods · Return correlation when both series fell
Diverging
-54%
105 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
15,091
A: 9 / B: 15082
Series A
RBC Bearings Incorporated (RBC)
RBC
Stock · 1,008 raw → 1,008 prepared
Series B
5Y Treasury Yield
DGS5
FRED · 16,081 raw → 16,081 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.0286
Linear regression slope.
Intercept
0.0001
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dgs5_stock-rbc_daily_5y