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United Therapeutics Corp (UTHR) vs Industrial Production
Correlation
of % moves
-18%
In sync
of periods
40%
History
monthsmonths · through 2026-07
59
These move in the same direction about 40% of the time
Their swing sizes only faintly mirror each other (~3% 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
Industrial Production moves ~9 months before UTHR
Watch Industrial Production for an early read on UTHR.
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)
40%
Headline metric
Movement correlation(i)
-18%
Based on % moves
95% CI
-42% → +8%
Likely range of correlation
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,253
1,291
Normalized
1,253
1,291
Prepared
61
1,291
Aligned
59
59
Invalid removed
R²(i)
3%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
58
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
-9 months
Correlation at this shift
+31%
+12% stronger than no-shift baseline
Industrial Production shifted 9 months later. Reads: "Does United Therapeutics Corp (UTHR) today line up with Industrial Production 9 months ago?"
49 overlapping points at this shift
Baseline
-18%
No-shift correlation, matching the main time-series chart above.
Peak shift
-9 months
+31%
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%
14 periods · Return correlation when both series rose
Both Falling
+6%
9 periods · Return correlation when both series fell
Diverging
-61%
35 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,234
A: 2 / B: 1232
Series A
United Therapeutics Corp (UTHR)
UTHR
Stock · 1,253 raw → 61 prepared
Series B
Industrial Production
INDPRO
FRED · 1,291 raw → 1,291 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0138
Linear regression slope.
Intercept
0.0009
Linear regression intercept.
Saved 4 months ago · ID: fred-indpro_stock-uthr_monthly_5y