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Correlation
of % moves
+37%
In sync
of periods
67%
History
daysdays · through 2026-05-28
340
These move in the same direction about 67% of the time
Their swing sizes only faintly line up (~13% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
66.6%
Headline metric
Movement correlation(i)
+37%
Based on % moves
95% CI
+27% → +45%
Likely range of correlation
Pipeline
Pipeline Summary
340 paired data points survived the daily window.
Raw input
1,254
340
Normalized
1,254
340
Prepared
1,254
340
Aligned
340
340
Invalid removed
R²(i)
13.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
340
Robust
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
+37%
No shift — both series at their actual dates.
339 overlapping points at this shift
Baseline
+37%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+37%
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
+36%
85 periods · Return correlation when both series rose
Both Falling
+16%
80 periods · Return correlation when both series fell
Diverging
-49%
84 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
914
A: 914 / B: 0
Series A
Ubiquiti Inc. Common Stock (UI)
UI
Stock · 1,254 raw → 1,254 prepared
Series B
Block, Inc. (XYZ)
XYZ
Stock · 340 raw → 340 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.3254
Linear regression slope.
Intercept
-0.0009
Linear regression intercept.
Saved 3 weeks ago · ID: stock-ui_stock-xyz_daily_5y