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Warner Bros. Discovery, Inc. Series A Common Stock (WBD) vs Debt-to-GDP Ratio
Correlation
of % moves
+44%
In sync
of periods
57%
History
monthsmonths · through 2025-10
15
These move in the same direction about 57% of the time
Their swing sizes loosely line up (~20% 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
Debt-to-GDP Ratio moves ~2 months before WBD
Watch Debt-to-GDP Ratio for an early read on WBD.
Advanced
Statistics
In sync(i)
57.1%
Headline metric
Movement correlation(i)
+44%
Based on % moves
95% CI
-12% → +79%
Pipeline
Pipeline Summary
15 paired data points survived the monthly window.
Raw input
1,033
240
Normalized
1,033
240
Prepared
50
240
Aligned
15
15
Invalid removed
Likely range of correlation
R²(i)
19.5%
Variance explained
Significance
n.s.
Statistical confidence
Data points
15
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: -4 to 4 months.
Selected shift
-2 months
Correlation at this shift
-57%
+13% stronger than no-shift baseline
Debt-to-GDP Ratio shifted 2 months later. Reads: "Does Warner Bros. Discovery, Inc. Series A Common Stock (WBD) today line up with Debt-to-GDP Ratio 2 months ago?"
12 overlapping points at this shift
Baseline
+44%
No-shift correlation, matching the main time-series chart above.
Peak shift
-2 months
-57%
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
260
A: 35 / B: 225
Series A
Warner Bros. Discovery, Inc. Series A Common Stock (WBD)
WBD
Stock · 1,033 raw → 50 prepared
Series B
Debt-to-GDP Ratio
GFDEGDQ188S
FRED · 240 raw → 240 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
0.0203
Linear regression slope.
Intercept
0.0028
Linear regression intercept.
Saved 2 weeks ago · ID: fred-gfdegdq188s_stock-wbd_monthly_5y