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United Therapeutics Corp (UTHR) vs Aaa Corporate Bond Yield
Correlation
of % moves
-23%
In sync
of periods
36%
History
monthsmonths · through 2026-04
60
These move opposite each other about 36% of the time
Their swing sizes only faintly mirror each other (~5% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
UTHR moves ~12 months before Aaa Corporate Bond Yield
Watch UTHR 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)
35.6%
Headline metric
Movement correlation(i)
-23%
Based on % moves
95% CI
-46% → +3%
Likely range of correlation
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,254
1,288
Normalized
1,254
1,288
Prepared
61
1,288
Aligned
60
60
Invalid removed
R²(i)
5.4%
Variance explained
Significance
n.s.
Statistical confidence
Data points
60
Thin
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: -18 to 18 months.
Selected shift
+12 months
Correlation at this shift
-32%
+8% stronger than no-shift baseline
Aaa Corporate Bond Yield shifted 12 months earlier. Reads: "Does United Therapeutics Corp (UTHR) today line up with Aaa Corporate Bond Yield 12 months from now?"
47 overlapping points at this shift
Baseline
-23%
No-shift correlation, matching the main time-series chart above.
Peak shift
+12 months
-32%
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
-43%
14 periods · Return correlation when both series rose
Both Falling
-14%
7 periods · Return correlation when both series fell
Diverging
-42%
38 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,229
A: 1 / B: 1228
Series A
United Therapeutics Corp (UTHR)
UTHR
Stock · 1,254 raw → 61 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
1
Estimated crossover points between normalized spreads.
Slope
-0.1582
Linear regression slope.
Intercept
0.0133
Linear regression intercept.
Saved 2 weeks ago · ID: fred-aaa_stock-uthr_monthly_5y