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Warner Bros. Discovery, Inc. Series A Common Stock (WBD) vs Velocity of M2 Money Stock
Correlation
of % moves
-43%
In sync
of periods
47%
History
monthsmonths · through 2026-01
16
These move in the same direction about 47% of the time
Their swing sizes loosely mirror each other (~19% 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.
What to Watch
Velocity of M2 Money Stock moves ~4 months before WBD
Watch Velocity of M2 Money Stock for an early read on WBD.
Advanced
Statistics
In sync(i)
46.7%
Headline metric
Movement correlation(i)
-43%
Based on % moves
95% CI
-77% → +11%
Pipeline
Pipeline Summary
16 paired data points survived the monthly window.
Raw input
1,033
269
Normalized
1,033
269
Prepared
50
269
Aligned
16
16
Invalid removed
Likely range of correlation
R²(i)
18.5%
Variance explained
Significance
n.s.
Statistical confidence
Data points
16
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: -5 to 5 months.
Selected shift
-4 months
Correlation at this shift
-85%
+42% stronger than no-shift baseline
Velocity of M2 Money Stock shifted 4 months later. Reads: "Does Warner Bros. Discovery, Inc. Series A Common Stock (WBD) today line up with Velocity of M2 Money Stock 4 months ago?"
11 overlapping points at this shift
Baseline
-43%
No-shift correlation, matching the main time-series chart above.
Peak shift
-4 months
-85%
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
287
A: 34 / B: 253
Series A
Warner Bros. Discovery, Inc. Series A Common Stock (WBD)
WBD
Stock · 1,033 raw → 50 prepared
Series B
Velocity of M2 Money Stock
M2V
FRED · 269 raw → 269 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
-0.0186
Linear regression slope.
Intercept
0.0116
Linear regression intercept.
Saved 2 weeks ago · ID: fred-m2v_stock-wbd_monthly_5y