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Shiba Inu (SHIB) vs Job Openings
Correlation
of % moves
+56%
In sync
of periods
68%
History
monthsmonths · through 2026-07
23
These move in the same direction about 68% of the time
Their swing sizes loosely line up (~31% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Job Openings moves ~5 months before SHIB
Watch Job Openings for an early read on SHIB.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
68%
Headline metric
Movement correlation(i)
+56%
Based on % moves
95% CI
+18% → +79%
Likely range of correlation
Pipeline
Pipeline Summary
23 paired data points survived the monthly window.
Raw input
729
308
Normalized
729
308
Prepared
25
308
Aligned
23
23
Invalid removed
R²(i)
31%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points(i)
22
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: -12 to 12 months.
Selected shift
-5 months
Correlation at this shift
-68%
+12% stronger than no-shift baseline
Job Openings shifted 5 months later. Reads: "Does Shiba Inu (SHIB) today line up with Job Openings 5 months ago?"
17 overlapping points at this shift
Baseline
+56%
No-shift correlation, matching the main time-series chart above.
Peak shift
-5 months
-68%
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
-81%
5 periods · Return correlation when both series rose
Both Falling
+22%
10 periods · Return correlation when both series fell
Diverging
-61%
7 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
287
A: 2 / B: 285
Series A
Shiba Inu (SHIB)
SHIB
Crypto · 729 raw → 25 prepared
Series B
Job Openings
JTSJOL
FRED · 308 raw → 308 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.1584
Linear regression slope.
Intercept
0.0111
Linear regression intercept.
Saved 4 months ago · ID: crypto-shib_fred-jtsjol_monthly_5y