SeriesMagCorrOverlapThrough
These move together about 68% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, including onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to the point of consumpti
Market cap 301B · 75,000 employees
Invesco S&P 500 Quality ETF
SPHQ
What to Watch
Drifting from pattern
Recent correlation (+74%) is running 1.2σ away from the long-run average of +93%.
Holds across regimes
Correlation is similar when markets rise (+35%) and fall (+31%) — reliable in both directions.
Mostly stable
Correlation drifts a little but stays in the same neighbourhood.
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
+93%
No shift — both series at their actual dates.
523 overlapping points at this shift
Time series with Invesco S&P 500 Quality ETF 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
+93%
Pearson correlation
95% CI
+92% → +94%
Likely range
R²
86.8%
Variance explained
Trend agreement
67.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
523
Robust
Pipeline
Pipeline Summary
523 paired data points survived the daily window.
Raw input
523
1,255
Normalized
523
1,255
Prepared
523
1,255
Aligned
523
523
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.
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
+35%
99 periods · Return correlation when both series rose
Both Falling
+31%
69 periods · Return correlation when both series fell
Diverging
-45%
81 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
732
A: 0 / B: 732
Series A
GE Vernova Inc.
GEV
Market cap 301B · 75,000 employees
Stock · 523 raw → 523 prepared
Series B
Invesco S&P 500 Quality ETF
SPHQ
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0217
Linear regression slope.
Intercept
59.8542
Linear regression intercept.
Saved 1 hour ago · ID: stock-gev_stock-sphq_5y
SPHQ
Invesco S&P 500 Quality ETF
Strongest positive