SeriesMagCorrSyncOverlapThrough
Correlation
+53%
of % moves
In sync
31%
of periods
History
60
months · through 2026-04
These move in the same direction about 31% of the time
Their swing sizes loosely line up (~28% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Aaa Corporate Bond Yield moves ~18 months before WELL
Watch Aaa Corporate Bond Yield for an early read on WELL.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
30.5%
Headline metric
Movement correlation(i)
+53%
Based on % moves
95% CI
+31% → +69%
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,255
1,288
Normalized
1,255
1,288
Prepared
61
1,288
Aligned
60
60
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
Likely range of correlation
R²(i)
27.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
60
Thin
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: -18 to 18 months.
Selected shift
-18 months
Correlation at this shift
+78%
+26% stronger than no-shift baseline
Aaa Corporate Bond Yield shifted 18 months later. Reads: "Does Welltower Inc. (WELL) today line up with Aaa Corporate Bond Yield 18 months ago?"
42 overlapping points at this shift
Baseline
+53%
No-shift correlation, matching the main time-series chart above.
Peak shift
-18 months
+78%
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
-25%
15 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-68%
41 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,229
A: 1 / B: 1228
Series A
WELL
Stock · 1,255 raw → 61 prepared
Series B
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0119
Linear regression slope.
Intercept
3.2590
Linear regression intercept.
Saved yesterday · ID: fred-aaa_stock-well_5y