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Rocket Lab Corporation Common Stock (RKLB) vs Consumer Sentiment
Correlation
of % moves
+46%
In sync
of periods
61%
History
monthsmonths · through 2026-03
56
These move in the same direction about 61% of the time
Their swing sizes loosely line up (~21% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
61.1%
Headline metric
Movement correlation(i)
+46%
Based on % moves
95% CI
+22% → +65%
Likely range of correlation
Pipeline
Pipeline Summary
56 paired data points survived the monthly window.
Raw input
1,191
671
Normalized
1,191
671
Prepared
58
671
Aligned
56
56
Invalid removed
R²(i)
21.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
56
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
No shift
Correlation at this shift
+46%
No shift — both series at their actual dates.
55 overlapping points at this shift
Baseline
+46%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+46%
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
-33%
17 periods · Return correlation when both series rose
Both Falling
+5%
16 periods · Return correlation when both series fell
Diverging
-21%
22 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
617
A: 2 / B: 615
Series A
Rocket Lab Corporation Common Stock (RKLB)
RKLB
Stock · 1,191 raw → 58 prepared
Series B
Consumer Sentiment
UMCSENT
FRED · 671 raw → 671 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.1559
Linear regression slope.
Intercept
-0.0105
Linear regression intercept.
Saved 2 weeks ago · ID: fred-umcsent_stock-rklb_monthly_5y