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Uniswap (UNI) vs Aaa Corporate Bond Yield
Correlation
of % moves
+31%
In sync
of periods
61%
History
monthsmonths · through 2026-04
24
These move in the same direction about 61% of the time
Their swing sizes only faintly line up (~9% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
UNI moves ~9 months before Aaa Corporate Bond Yield
Watch UNI for an early read on Aaa Corporate Bond Yield.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
60.9%
Headline metric
Movement correlation(i)
+31%
Based on % moves
95% CI
-12% → +64%
Likely range of correlation
Pipeline
Pipeline Summary
24 paired data points survived the monthly window.
Raw input
729
1,288
Normalized
729
1,288
Prepared
25
1,288
Aligned
24
24
Invalid removed
R²(i)
9.5%
Variance explained
Significance
n.s.
Statistical confidence
Data points
24
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: -13 to 13 months.
Selected shift
+9 months
Correlation at this shift
-63%
+32% stronger than no-shift baseline
Aaa Corporate Bond Yield shifted 9 months earlier. Reads: "Does Uniswap (UNI) today line up with Aaa Corporate Bond Yield 9 months from now?"
14 overlapping points at this shift
Baseline
+31%
No-shift correlation, matching the main time-series chart above.
Peak shift
+9 months
-63%
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
-58%
5 periods · Return correlation when both series rose
Both Falling
+3%
9 periods · Return correlation when both series fell
Diverging
-74%
9 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,265
A: 1 / B: 1264
Series A
Uniswap (UNI)
UNI
Crypto · 729 raw → 25 prepared
Series B
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.0393
Linear regression slope.
Intercept
0.0034
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-uni_fred-aaa_monthly_5y