Loading market view
Loading market view
Loading correlations
Rocket Companies, Inc. (RKT) vs Baa Corporate Bond Yield
Correlation
of % moves
-39%
In sync
of periods
34%
History
daysdays · through 2026-09-03
1,243
These move in the same direction about 34% of the time
Their swing sizes only faintly mirror each other (~15% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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.
Advanced
Statistics
In sync(i)
34%
Headline metric
Movement correlation(i)
-39%
Based on % moves
95% CI
-43% → -34%
Likely range of correlation
Pipeline
Pipeline Summary
1,243 paired data points survived the daily window.
Raw input
1,253
10,205
Normalized
1,253
10,205
Prepared
1,253
10,205
Aligned
1,243
1,243
Invalid removed
R²(i)
15%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,242
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
-39%
No shift — both series at their actual dates.
1,242 overlapping points at this shift
Baseline
-39%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-39%
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
+21%
23 periods · Return correlation when both series rose
Both Falling
+8%
18 periods · Return correlation when both series fell
Diverging
-70%
106 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,972
A: 10 / B: 8962
Series A
Rocket Companies, Inc. (RKT)
RKT
Stock · 1,253 raw → 1,253 prepared
Series B
Baa Corporate Bond Yield
DBAA
FRED · 10,205 raw → 10,205 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
50
Estimated crossover points between normalized spreads.
Slope
-0.1151
Linear regression slope.
Intercept
0.0005
Linear regression intercept.
Saved 4 months ago · ID: fred-dbaa_stock-rkt_daily_5y