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VELO vs FUS Core CPIVelo3D, Inc. Common stock (VELO) vs US Core CPI
Correlation
of % moves
-23%
In sync
of periods
67%
History
monthsmonths · through 2026-06
27
These move in the same direction about 67% of the time
Their swing sizes only faintly mirror each other (~6% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
VELO moves ~6 months before US Core CPI
Watch VELO for an early read on US Core CPI.
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)
67%
Headline metric
Movement correlation(i)
-23%
Based on % moves
95% CI
-58% → +19%
Pipeline
Pipeline Summary
27 paired data points survived the monthly window.
Raw input
588
833
Normalized
588
833
Prepared
30
833
Aligned
27
27
Invalid removed
Likely range of correlation
R²(i)
6%
Variance explained
Significance
n.s.
Statistical confidence
Data points(i)
24
Limited
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 months.
Selected shift
+6 months
Correlation at this shift
-75%
+52% stronger than no-shift baseline
US Core CPI shifted 6 months earlier. Reads: "Does Velo3D, Inc. Common stock (VELO) today line up with US Core CPI 6 months from now?"
11 overlapping points at this shift
Baseline
-23%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 months
-75%
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
-40%
16 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-6%
8 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
809
A: 3 / B: 806
Series A
Velo3D, Inc. Common stock (VELO)
VELO
Stock · 588 raw → 30 prepared
Series B
US Core CPI
CPILFESL
FRED · 833 raw → 833 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0019
Linear regression slope.
Intercept
0.0040
Linear regression intercept.
Saved 3 months ago · ID: fred-cpilfesl_stock-velo_monthly_5y