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Tradeweb Markets Inc. Class A Common Stock (TW) vs Median Home Price
Correlation
of % moves
-36%
In sync
of periods
22%
History
monthsmonths · through 2026-01
19
These move opposite each other about 22% of the time
Their swing sizes only faintly mirror each other (~13% 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
Median Home Price moves ~8 months before TW
Watch Median Home Price for an early read on TW.
Advanced
Statistics
In sync(i)
22.2%
Headline metric
Movement correlation(i)
-36%
Based on % moves
95% CI
-71% → +13%
Pipeline
Pipeline Summary
19 paired data points survived the monthly window.
Raw input
1,255
253
Normalized
1,255
253
Prepared
61
253
Aligned
19
19
Invalid removed
Likely range of correlation
R²(i)
12.8%
Variance explained
Significance
n.s.
Statistical confidence
Data points
19
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: -8 to 8 months.
Selected shift
-8 months
Correlation at this shift
+48%
+12% stronger than no-shift baseline
Median Home Price shifted 8 months later. Reads: "Does Tradeweb Markets Inc. Class A Common Stock (TW) today line up with Median Home Price 8 months ago?"
10 overlapping points at this shift
Baseline
-36%
No-shift correlation, matching the main time-series chart above.
Peak shift
-8 months
+48%
A non-zero peak suggests one series lines up better when shifted against the other.
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
3 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-44%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
276
A: 42 / B: 234
Series A
Tradeweb Markets Inc. Class A Common Stock (TW)
TW
Stock · 1,255 raw → 61 prepared
Series B
Median Home Price
MSPUS
FRED · 253 raw → 253 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
-0.0679
Linear regression slope.
Intercept
0.0018
Linear regression intercept.
Saved 2 weeks ago · ID: fred-mspus_stock-tw_monthly_5y