Correlation
-56%
of % moves
In sync
68%
of periods
History
229
days · through 2026-05-04
These move opposite each other about 68% of the time
Their swing sizes loosely mirror each other (~31% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
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
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
URA moves ~6 days before CRCL
Watch URA for an early read on CRCL.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
67.6%
Headline metric
Movement correlation(i)
-56%
Based on % moves
95% CI
-64% → -46%
Likely range of correlation
Pipeline
Pipeline Summary
229 paired data points survived the daily window.
Raw input
229
1,255
Normalized
229
1,255
Prepared
229
1,255
Aligned
229
229
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
31.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
229
Usable
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
-6 days
Correlation at this shift
-64%
+9% stronger than no-shift baseline
URA shifted 6 days later. Reads: "Does CRCL today line up with URA 6 days ago?"
223 overlapping points at this shift
Baseline
-56%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
-64%
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
-16%
81 periods · Return correlation when both series rose
Both Falling
-12%
71 periods · Return correlation when both series fell
Diverging
-36%
76 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,026
A: 0 / B: 1026
Series A
CRCL
Stock · 229 raw → 229 prepared
Series B
URA
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
8
Estimated crossover points between normalized spreads.
Slope
-0.0828
Linear regression slope.
Intercept
56.7444
Linear regression intercept.
Saved 5 hours ago · ID: stock-crcl_stock-ura_5y