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Shiba Inu (SHIB) vs Secured Overnight Financing Rate
Correlation
of % moves
-6%
In sync
of periods
49%
History
daysdays · through 2026-05-08
495
These move opposite each other about 49% of the time
Their swing sizes only faintly mirror each other (~0% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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 looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
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)
49.3%
Headline metric
Movement correlation(i)
-6%
Based on % moves
95% CI
-15% → +3%
Likely range of correlation
Pipeline
Pipeline Summary
495 paired data points survived the daily window.
Raw input
729
2,023
Normalized
729
2,023
Prepared
729
2,023
Aligned
495
495
Invalid removed
R²(i)
0.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
495
Robust
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
-6%
No shift — both series at their actual dates.
494 overlapping points at this shift
Baseline
-6%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-6%
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
-1%
48 periods · Return correlation when both series rose
Both Falling
+8%
61 periods · Return correlation when both series fell
Diverging
-37%
140 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,762
A: 234 / B: 1528
Series A
Shiba Inu (SHIB)
SHIB
Crypto · 729 raw → 729 prepared
Series B
Secured Overnight Financing Rate
SOFR
FRED · 2,023 raw → 2,023 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
-0.0129
Linear regression slope.
Intercept
-0.0008
Linear regression intercept.
Saved 2 days ago · ID: crypto-shib_fred-sofr_daily_5y