Correlation
+27%
of % moves
In sync
56%
of periods
History
286
days · through 2026-05-04
These move in the same direction about 56% of the time
Their swing sizes only faintly line up (~7% 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 looser than usual — the pair is behaving differently than its long-run pattern.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
56.5%
Headline metric
Movement correlation(i)
+27%
Based on % moves
95% CI
+16% → +37%
Likely range of correlation
Pipeline
Pipeline Summary
286 paired data points survived the daily window.
Raw input
1,126
286
Normalized
1,126
286
Prepared
1,126
286
Aligned
286
286
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)
7.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
286
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
+27%
No shift — both series at their actual dates.
286 overlapping points at this shift
Baseline
+27%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+27%
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
+24%
71 periods · Return correlation when both series rose
Both Falling
+1%
72 periods · Return correlation when both series fell
Diverging
-59%
106 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
840
A: 840 / B: 0
Series A
META
Stock · 1,126 raw → 1,126 prepared
Series B
USAR
Stock · 286 raw → 286 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
26
Estimated crossover points between normalized spreads.
Slope
0.0222
Linear regression slope.
Intercept
1.2218
Linear regression intercept.
Saved 2 days ago · ID: stock-meta_stock-usar_5y