SeriesMagCorrOverlapThrough
These move together about 72% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Shopify offers an e-commerce platform primarily to small and medium-size businesses. The firm has two segments. The subscription solutions segment allows Shopify merchants to conduct e-commerce on a variety of platforms, including the company's website, physical stores, pop-up stores, kiosks, social networks (Facebook), and Amazon. The merchant solutions segment offers add-on products for the platform that facilitate e-commerce and include Shopify Payments, Shopify Shipping, and Shopify Capital.
Market cap 165.8B · 7,600 employees
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
What to Watch
Tighter in drawdowns
Pair moves more tightly when both fall (+64%) than when both rise (+19%) — typical risk-off behaviour.
Flaky
Correlation swings widely across time windows — careful using this as a point estimate.
Time Series
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
+91%
No shift — both series at their actual dates.
1,236 overlapping points at this shift
Time series with SoFi Technologies, Inc. Common Stock at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+91%
Pearson correlation
95% CI
+90% → +92%
Likely range
R²
82.9%
Variance explained
Trend agreement
71.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,236
Deep
Pipeline
Pipeline Summary
1,236 paired data points survived the daily window.
Raw input
1,255
1,236
Normalized
1,255
1,236
Prepared
1,255
1,236
Aligned
1,236
1,236
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Market cap 23.4B · 6,100 employees
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
+19%
102 periods · Return correlation when both series rose
Both Falling
+64%
95 periods · Return correlation when both series fell
Diverging
-52%
52 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
19
A: 19 / B: 0
Series A
Shopify Inc. Class A subordinate voting shares
SHOP
Market cap 165.8B · 7,600 employees
Stock · 1,255 raw → 1,255 prepared
Series B
SoFi Technologies, Inc. Common Stock
SOFI
Market cap 23.4B · 6,100 employees
Stock · 1,236 raw → 1,236 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
14
Estimated crossover points between normalized spreads.
Slope
0.1491
Linear regression slope.
Intercept
-0.9715
Linear regression intercept.
Saved 1 hour ago · ID: stock-shop_stock-sofi_5y
SOFI
SoFi Technologies, Inc. Common Stock
Strongest positive