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Shiba Inu (SHIB) vs Labor Force Participation
Correlation
of % moves
-26%
In sync
of periods
35%
History
monthsmonths · through 2026-04
23
These move in the same direction about 35% of the time
Their swing sizes only faintly mirror each other (~7% 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
Labor Force Participation moves ~4 months before SHIB
Watch Labor Force Participation for an early read on SHIB.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
35.3%
Headline metric
Movement correlation(i)
-26%
Based on % moves
95% CI
-62% → +20%
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
729
939
Normalized
729
939
Prepared
25
939
Aligned
23
23
Invalid removed
Likely range of correlation
R²(i)
6.5%
Variance explained
Significance
n.s.
Statistical confidence
Data points
23
Limited
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 months.
Selected shift
-4 months
Correlation at this shift
+56%
+30% stronger than no-shift baseline
Labor Force Participation shifted 4 months later. Reads: "Does Shiba Inu (SHIB) today line up with Labor Force Participation 4 months ago?"
13 overlapping points at this shift
Baseline
-26%
No-shift correlation, matching the main time-series chart above.
Peak shift
-4 months
+56%
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
N/A
1 periods · Return correlation when both series rose
Both Falling
N/A
5 periods · Return correlation when both series fell
Diverging
-51%
15 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
918
A: 2 / B: 916
Series A
Shiba Inu (SHIB)
SHIB
Crypto · 729 raw → 25 prepared
Series B
Labor Force Participation
CIVPART
FRED · 939 raw → 939 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0031
Linear regression slope.
Intercept
-0.0008
Linear regression intercept.
Saved 3 weeks ago · ID: crypto-shib_fred-civpart_monthly_5y