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Venture Global, Inc. (VG) vs HY Bond Spread
Correlation
of % moves
-28%
In sync
of periods
48%
History
daysdays · through 2026-07-06
362
These move in the same direction about 48% of the time
Their swing sizes only faintly mirror each other (~8% 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
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
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)
48%
Headline metric
Movement correlation(i)
-28%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
362 paired data points survived the daily window.
Raw input
624
785
Normalized
624
785
Prepared
624
785
Aligned
362
362
Invalid removed
8%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
361
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
-28%
No shift — both series at their actual dates.
361 overlapping points at this shift
Baseline
-28%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-28%
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
+7%
55 periods · Return correlation when both series rose
Both Falling
+15%
66 periods · Return correlation when both series fell
Diverging
-55%
128 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
685
A: 262 / B: 423
Series A
Venture Global, Inc. (VG)
VG
Stock · 624 raw → 624 prepared
Series B
HY Bond Spread
BAMLH0A0HYM2
FRED · 785 raw → 785 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.1177
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 3 months ago · ID: fred-bamlh0a0hym2_stock-vg_daily_5y