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Viper Energy, Inc. Class A Common Stock (VNOM) vs Retail Sales
Correlation
of % moves
+34%
In sync
of periods
67%
History
monthsmonths · through 2026-05
59
These move in the same direction about 67% of the time
Their swing sizes only faintly line up (~12% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
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
VNOM moves ~14 months before Retail Sales
Watch VNOM for an early read on Retail Sales.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
+34%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
413
Normalized
1,254
413
Prepared
61
413
Aligned
59
59
Invalid removed
12%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
58
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
+14 months
Correlation at this shift
-43%
+9% stronger than no-shift baseline
Retail Sales shifted 14 months earlier. Reads: "Does Viper Energy, Inc. Class A Common Stock (VNOM) today line up with Retail Sales 14 months from now?"
44 overlapping points at this shift
Baseline
+34%
No-shift correlation, matching the main time-series chart above.
Peak shift
+14 months
-43%
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
+2%
27 periods · Return correlation when both series rose
Both Falling
+34%
12 periods · Return correlation when both series fell
Diverging
-63%
19 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
356
A: 2 / B: 354
Series A
Viper Energy, Inc. Class A Common Stock (VNOM)
VNOM
Stock · 1,254 raw → 61 prepared
Series B
Retail Sales
RSAFS
FRED · 413 raw → 413 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0478
Linear regression slope.
Intercept
0.0033
Linear regression intercept.
Saved 3 months ago · ID: fred-rsafs_stock-vnom_monthly_5y