Loading market view
Loading market view
Loading correlations
Uniswap (UNI) vs Housing Starts
Correlation
of % moves
+18%
In sync
of periods
52%
History
monthsmonths · through 2026-04
24
These move in the same direction about 52% of the time
Their swing sizes only faintly line up (~3% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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.
Housing Starts moves ~11 months before UNI
Watch Housing Starts for an early read on UNI.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
52.2%
Headline metric
Movement correlation(i)
+18%
Based on % moves
95% CI
-25% → +55%
Likely range of correlation
Pipeline
Pipeline Summary
24 paired data points survived the monthly window.
Raw input
729
808
Normalized
729
808
Prepared
25
808
Aligned
24
24
Invalid removed
R²(i)
3.4%
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
-11 months
Correlation at this shift
+48%
+30% stronger than no-shift baseline
Housing Starts shifted 11 months later. Reads: "Does Uniswap (UNI) today line up with Housing Starts 11 months ago?"
12 overlapping points at this shift
Baseline
+18%
No-shift correlation, matching the main time-series chart above.
Peak shift
-11 months
+48%
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
+52%
5 periods · Return correlation when both series rose
Both Falling
+59%
7 periods · Return correlation when both series fell
Diverging
-87%
11 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
785
A: 1 / B: 784
Series A
Uniswap (UNI)
UNI
Crypto · 729 raw → 25 prepared
Series B
Housing Starts
HOUST
FRED · 808 raw → 808 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.0590
Linear regression slope.
Intercept
0.0073
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-uni_fred-houst_monthly_5y