SeriesMagCorrOverlapThrough
These move together about 76% of the time
Moderate positive
A real but noisy link — useful as context, risky as a standalone signal.
Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.
Market cap 241.2B · 33,000 employees
Invesco S&P 500 Quality ETF
SPHQ
What to Watch
Holds across regimes
Correlation is similar when markets rise (+41%) and fall (+50%) — reliable in both directions.
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
+55%
No shift — both series at their actual dates.
1,255 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
+55%
Pearson correlation
95% CI
+51% → +58%
Likely range
R²
30.0%
Variance explained
Trend agreement
75.7%
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.
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
+41%
109 periods · Return correlation when both series rose
Both Falling
+50%
101 periods · Return correlation when both series fell
Diverging
-53%
39 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
Texas Instruments Incorporated
TXN
Market cap 241.2B · 33,000 employees
Stock · 1,255 raw → 1,255 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
66
Estimated crossover points between normalized spreads.
Slope
0.3426
Linear regression slope.
Intercept
-4.5531
Linear regression intercept.
Saved 1 hour ago · ID: stock-sphq_stock-txn_5y
SPHQ
Invesco S&P 500 Quality ETF
Strongest positive