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VG vs FWTI Crude OilVenture Global, Inc. (VG) vs WTI Crude Oil
Correlation
of % moves
+35%
In sync
of periods
62%
History
daysdays · through 2026-09-01
615
These move in the same direction about 62% of the time
Their swing sizes only faintly line up (~12% 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.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
62%
Headline metric
Movement correlation(i)
+35%
Based on % moves
95% CI
+28% → +42%
Likely range of correlation
Pipeline
Pipeline Summary
615 paired data points survived the daily window.
Raw input
624
10,236
Normalized
624
10,236
Prepared
624
10,236
Aligned
615
615
Invalid removed
R²(i)
12%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
613
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
+35%
No shift — both series at their actual dates.
613 overlapping points at this shift
Baseline
+35%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+35%
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
+26%
87 periods · Return correlation when both series rose
Both Falling
+22%
85 periods · Return correlation when both series fell
Diverging
-32%
74 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
9,630
A: 9 / B: 9621
Series A
Venture Global, Inc. (VG)
VG
Stock · 624 raw → 624 prepared
Series B
WTI Crude Oil
DCOILWTICO
FRED · 10,236 raw → 10,236 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.2246
Linear regression slope.
Intercept
0.0010
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dcoilwtico_stock-vg_daily_5y