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Rocket Companies, Inc. (RKT) vs Baa Corporate Bond Yield
Correlation
of % moves
-37%
In sync
of periods
36%
History
daysdays · through 2026-05-20
1,244
These move opposite each other about 36% of the time
Their swing sizes only faintly mirror each other (~13% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
35.6%
Headline metric
Movement correlation(i)
-37%
Based on % moves
95% CI
-41% → -32%
Likely range of correlation
Pipeline
Pipeline Summary
1,244 paired data points survived the daily window.
Raw input
1,254
10,132
Normalized
1,254
10,132
Prepared
1,254
10,132
Aligned
1,244
1,244
Invalid removed
R²(i)
13.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,244
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
No shift
Correlation at this shift
-37%
No shift — both series at their actual dates.
1,243 overlapping points at this shift
Baseline
-37%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-37%
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
-27%
32 periods · Return correlation when both series rose
Both Falling
+37%
37 periods · Return correlation when both series fell
Diverging
-65%
180 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,898
A: 10 / B: 8888
Series A
Rocket Companies, Inc. (RKT)
RKT
Stock · 1,254 raw → 1,254 prepared
Series B
Baa Corporate Bond Yield
DBAA
FRED · 10,132 raw → 10,132 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
47
Estimated crossover points between normalized spreads.
Slope
-0.1128
Linear regression slope.
Intercept
0.0004
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dbaa_stock-rkt_daily_5y