Loading market view
Loading market view
Loading correlations
Correlation
of % moves
+24%
In sync
of periods
63%
History
daysdays · through 2026-06-11
205
These move in the same direction about 63% of the time
Their swing sizes only faintly line up (~6% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
62.6%
Headline metric
Movement correlation(i)
+24%
Based on % moves
95% CI
+10% → +36%
Likely range of correlation
Pipeline
Pipeline Summary
205 paired data points survived the daily window.
Raw input
590
730
Normalized
590
730
Prepared
590
730
Aligned
205
205
Invalid removed
R²(i)
5.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
205
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
No shift
Correlation at this shift
+24%
No shift — both series at their actual dates.
204 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+24%
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%
60 periods · Return correlation when both series rose
Both Falling
-7%
67 periods · Return correlation when both series fell
Diverging
-45%
77 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
910
A: 385 / B: 525
Series A
Velo3D, Inc. Common stock (VELO)
VELO
Stock · 590 raw → 590 prepared
Series B
Bitcoin (BTC)
BTC
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0593
Linear regression slope.
Intercept
-0.0035
Linear regression intercept.
Saved last month · ID: crypto-btc_stock-velo_daily_5y