Loading market view
Loading market view
Loading correlations
Warner Bros. Discovery, Inc. Series A Common Stock (WBD) vs Existing Home Sales
Correlation
of % moves
+37%
In sync
of periods
55%
History
monthsmonths · through 2026-04
13
These move in the same direction about 55% of the time
Their swing sizes only faintly line up (~14% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
54.5%
Headline metric
Movement correlation(i)
+37%
Based on % moves
95% CI
-25% → +78%
Pipeline
Pipeline Summary
13 paired data points survived the monthly window.
Raw input
1,033
13
Normalized
1,033
13
Prepared
50
13
Aligned
13
13
Invalid removed
Likely range of correlation
R²(i)
14.1%
Variance explained
Significance
n.s.
Statistical confidence
Data points
13
Limited
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: -2 to 2 months.
Selected shift
No shift
Correlation at this shift
+37%
No shift — both series at their actual dates.
12 overlapping points at this shift
Baseline
+37%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+37%
A non-zero peak suggests one series lines up better when shifted against the other.
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
+68%
5 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-18%
6 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
37
A: 37 / B: 0
Series A
Warner Bros. Discovery, Inc. Series A Common Stock (WBD)
WBD
Stock · 1,033 raw → 50 prepared
Series B
Existing Home Sales
EXHOSLUSM495S
FRED · 13 raw → 13 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.0869
Linear regression slope.
Intercept
-0.0084
Linear regression intercept.
Saved 2 weeks ago · ID: fred-exhoslusm495s_stock-wbd_monthly_5y