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Correlation
of % moves
-32%
In sync
of periods
38%
History
daysdays · through 2026-09-11
478
These move in the same direction about 38% of the time
Their swing sizes only faintly mirror each other (~10% 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.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
38%
Headline metric
Movement correlation(i)
-32%
Based on % moves
95% CI
-40% → -24%
Likely range of correlation
Pipeline
Pipeline Summary
478 paired data points survived the daily window.
Raw input
1,253
701
Normalized
1,253
701
Prepared
1,253
701
Aligned
478
478
Invalid removed
R²(i)
10%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
476
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
-32%
No shift — both series at their actual dates.
476 overlapping points at this shift
Baseline
-32%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-32%
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
-19%
29 periods · Return correlation when both series rose
Both Falling
-3%
67 periods · Return correlation when both series fell
Diverging
-63%
152 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
998
A: 775 / B: 223
Series A
iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX)
VXX
Stock · 1,253 raw → 1,253 prepared
Series B
Toncoin (TON)
TON
Crypto · 701 raw → 701 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.3537
Linear regression slope.
Intercept
-0.0037
Linear regression intercept.
Saved 4 months ago · ID: crypto-ton_stock-vxx_daily_5y