SeriesMagCorrSyncOverlapThrough
Correlation
of % moves
-24%
In sync
of periods
65%
History
daysdays · through 2026-05-01
1,242
These move opposite each other about 65% of the time
Their swing sizes only faintly mirror each other (~6% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
65.3%
Headline metric
Movement correlation(i)
-24%
Based on % moves
95% CI
-30% → -19%
Likely range of correlation
Pipeline
Pipeline Summary
1,242 paired data points survived the daily window.
Raw input
1,254
5,837
Normalized
1,254
5,837
Prepared
1,254
5,837
Aligned
1,242
1,242
Invalid removed
R²(i)
6.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,242
Deep
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
-24%
No shift — both series at their actual dates.
1,242 overlapping points at this shift
Baseline
-24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-24%
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
+15%
95 periods · Return correlation when both series rose
Both Falling
+43%
82 periods · Return correlation when both series fell
Diverging
-57%
72 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
4,607
A: 12 / B: 4595
Series A
VNOM
Stock · 1,254 raw → 1,254 prepared
Series B
5Y Breakeven Inflation
T5YIE
FRED · 5,837 raw → 5,837 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0078
Linear regression slope.
Intercept
2.7221
Linear regression intercept.
Saved 4 hours ago · ID: fred-t5yie_stock-vnom_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.