Loading market view
Loading market view
Loading correlations
Venture Global, Inc. (VG) vs Spot Crude Oil Price: West Texas Intermediate
Correlation
of % moves
+36%
In sync
of periods
53%
History
monthsmonths · through 2026-04
31
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~13% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
VG moves ~12 months before Spot Crude Oil Price: West Texas Intermediate
Watch VG for an early read on Spot Crude Oil Price: West Texas Intermediate.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
53.3%
Headline metric
Movement correlation(i)
+36%
Based on % moves
95% CI
+0% → +64%
Likely range of correlation
Pipeline
Pipeline Summary
31 paired data points survived the monthly window.
Raw input
624
964
Normalized
624
964
Prepared
32
964
Aligned
31
31
Invalid removed
R²(i)
13.3%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
31
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
+12 months
Correlation at this shift
-62%
+25% stronger than no-shift baseline
Spot Crude Oil Price: West Texas Intermediate shifted 12 months earlier. Reads: "Does Venture Global, Inc. (VG) today line up with Spot Crude Oil Price: West Texas Intermediate 12 months from now?"
18 overlapping points at this shift
Baseline
+36%
No-shift correlation, matching the main time-series chart above.
Peak shift
+12 months
-62%
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
+30%
8 periods · Return correlation when both series rose
Both Falling
-4%
8 periods · Return correlation when both series fell
Diverging
-60%
14 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
934
A: 1 / B: 933
Series A
Venture Global, Inc. (VG)
VG
Stock · 624 raw → 32 prepared
Series B
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 964 raw → 964 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.2169
Linear regression slope.
Intercept
0.0148
Linear regression intercept.
Saved 2 weeks ago · ID: fred-wtisplc_stock-vg_monthly_5y