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Veralto Corporation (VLTO) vs Dow Jones Industrial Average
Correlation
of % moves
+47%
In sync
of periods
69%
History
daysdays · through 2026-07-07
692
These move in the same direction about 69% of the time
Their swing sizes loosely line up (~22% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
69%
Headline metric
Movement correlation(i)
+47%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
692 paired data points survived the daily window.
Raw input
694
2,512
Normalized
694
2,512
Prepared
694
2,512
Aligned
692
692
Invalid removed
22%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
691
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
+47%
No shift — both series at their actual dates.
691 overlapping points at this shift
Baseline
+47%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+47%
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%
99 periods · Return correlation when both series rose
Both Falling
+53%
76 periods · Return correlation when both series fell
Diverging
-42%
68 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,822
A: 2 / B: 1820
Series A
Veralto Corporation (VLTO)
VLTO
Stock · 694 raw → 694 prepared
Series B
Dow Jones Industrial Average
DJIA
FRED · 2,512 raw → 2,512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.2751
Linear regression slope.
Intercept
0.0006
Linear regression intercept.
Saved 3 months ago · ID: fred-djia_stock-vlto_daily_5y