SeriesMagCorrOverlapThrough
These move together about 63% of the time
Light positive
Weak relationship — not much actionable signal here beyond directional colour.
Disney operates in three global business segments: entertainment, sports, and experiences. Entertainment and experiences both benefit from the firm's ownership of iconic franchises and characters. Entertainment includes the ABC broadcast network, several cable television networks, and the Disney+ and Hulu streaming services. Within the segment, Disney also engages in movie and television production and distribution, with content licensed to movie theaters, other content providers, or, increasingly, kept in-house for use on Disney's own streaming platform and television networks. The sports segment houses the ESPN family of TV networks and streaming services. Experiences contains Disney's the
Market cap 181.3B · 231,000 employees
Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is the global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with five major business segments.
What to Watch
Tighter in drawdowns
Pair moves more tightly when both fall (+50%) than when both rise (+29%) — typical risk-off behaviour.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
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
+30%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated 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
+30%
Pearson correlation
95% CI
+25% → +35%
Likely range
R²
9.2%
Variance explained
Trend agreement
63.2%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
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 116.9B · 112,300 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
+29%
92 periods · Return correlation when both series rose
Both Falling
+50%
91 periods · Return correlation when both series fell
Diverging
-49%
66 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
The Walt Disney Company
DIS
Market cap 181.3B · 231,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock)
SONY
Market cap 116.9B · 112,300 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
0.0429
Linear regression slope.
Intercept
15.3272
Linear regression intercept.
Saved 55 minutes ago · ID: stock-dis_stock-sony_5y
SONY
Sony Group Corporation American Depositary Shares (Each Representing One Share of Dollar Validated Common Stock)
Strongest positive