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Solana (SOL) vs Industrial Production
Correlation
of % moves
-34%
In sync
of periods
26%
History
monthsmonths · through 2026-04
24
These move in the same direction about 26% of the time
Their swing sizes only faintly mirror each other (~11% 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
Industrial Production moves ~12 months before SOL
Watch Industrial Production for an early read on SOL.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
26.1%
Headline metric
Movement correlation(i)
-34%
Based on % moves
95% CI
-66% → +9%
Pipeline
Pipeline Summary
24 paired data points survived the monthly window.
Raw input
729
1,288
Normalized
729
1,288
Prepared
25
1,288
Aligned
24
24
Invalid removed
Likely range of correlation
R²(i)
11.3%
Variance explained
Significance
n.s.
Statistical confidence
Data points
24
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: -13 to 13 months.
Selected shift
-12 months
Correlation at this shift
-60%
+27% stronger than no-shift baseline
Industrial Production shifted 12 months later. Reads: "Does Solana (SOL) today line up with Industrial Production 12 months ago?"
11 overlapping points at this shift
Baseline
-34%
No-shift correlation, matching the main time-series chart above.
Peak shift
-12 months
-60%
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
2 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-63%
17 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,265
A: 1 / B: 1264
Series A
Solana (SOL)
SOL
Crypto · 729 raw → 25 prepared
Series B
Industrial Production
INDPRO
FRED · 1,288 raw → 1,288 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
-0.0096
Linear regression slope.
Intercept
0.0004
Linear regression intercept.
Saved 3 weeks ago · ID: crypto-sol_fred-indpro_monthly_5y