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Warner Bros. Discovery, Inc. Series A Common Stock (WBD) vs Potential GDP
Correlation
of % moves
-47%
In sync
of periods
44%
History
monthsmonths · through 2026-04
17
These move in the same direction about 44% of the time
Their swing sizes loosely mirror each other (~22% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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
Potential GDP moves ~1 month before WBD
Watch Potential GDP for an early read on WBD.
Advanced
Statistics
In sync(i)
43.8%
Headline metric
Movement correlation(i)
-47%
Based on % moves
95% CI
-79% → +3%
Pipeline
Pipeline Summary
17 paired data points survived the monthly window.
Raw input
1,033
352
Normalized
1,033
352
Prepared
50
352
Aligned
17
17
Invalid removed
Likely range of correlation
R²(i)
22.5%
Variance explained
Significance
n.s.
Statistical confidence
Data points
17
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: -6 to 6 months.
Selected shift
-1 month
Correlation at this shift
-68%
+21% stronger than no-shift baseline
Potential GDP shifted 1 month later. Reads: "Does Warner Bros. Discovery, Inc. Series A Common Stock (WBD) today line up with Potential GDP 1 month ago?"
15 overlapping points at this shift
Baseline
-47%
No-shift correlation, matching the main time-series chart above.
Peak shift
-1 month
-68%
A non-zero peak suggests one series lines up better when shifted against the other.
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
368
A: 33 / B: 335
Series A
Warner Bros. Discovery, Inc. Series A Common Stock (WBD)
WBD
Stock · 1,033 raw → 50 prepared
Series B
Potential GDP
GDPPOT
FRED · 352 raw → 352 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0009
Linear regression slope.
Intercept
0.0062
Linear regression intercept.
Saved 2 weeks ago · ID: fred-gdppot_stock-wbd_monthly_5y