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RBC Bearings Incorporated (RBC) vs Bank Reserves
Correlation
of % moves
-0%
In sync
of periods
47%
History
monthsmonths · through 2026-03
49
These move in the same direction about 47% 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.
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 Bank Reserves
Watch RBC for an early read on Bank Reserves.
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.
Advanced
Statistics
In sync(i)
46.8%
Headline metric
Movement correlation(i)
-0%
Based on % moves
95% CI
-29% → +28%
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%
+40% stronger than no-shift baseline
Bank Reserves shifted 13 months earlier. Reads: "Does RBC Bearings Incorporated (RBC) today line up with Bank Reserves 13 months from now?"
29 overlapping points at this shift
Baseline
-0%
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
-12%
14 periods · Return correlation when both series rose
Both Falling
+29%
8 periods · Return correlation when both series fell
Diverging
-57%
25 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
Bank Reserves
TOTRESNS
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
-0.0016
Linear regression slope.
Intercept
0.0006
Linear regression intercept.
Saved 2 weeks ago · ID: fred-totresns_stock-rbc_monthly_5y