SeriesMagCorrOverlapThrough
These move opposite each other about 47% of the time
Weak inverse
Weak relationship — not much actionable signal here beyond directional colour.
Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: innovative medicine and medtech. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. After restructurings in 2023-24, the drug division focuses on three main therapeutic areas: immunology, oncology, and neurology. Geographically, just over half of total revenue is generated in the United States.
Market cap 542.4B · 140,800 employees
Stellar
XLM
Layer 1 · USD pair
What to Watch
Drifting from pattern
Recent correlation (-94%) is running 1.4σ away from the long-run average of -14%.
Holds across regimes
Correlation is similar when markets rise (-15%) and fall (-5%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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 days.
Selected shift
No shift
Correlation at this shift
-14%
No shift — both series at their actual dates.
501 overlapping points at this shift
Time series with Stellar at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-14%
Pearson correlation
95% CI
-23% → -5%
Likely range
R²
2.0%
Variance explained
Trend agreement
47.3%
Same-direction moves
Significance
p < 0.01
Statistical confidence
Data points
501
Robust
Pipeline
Pipeline Summary
501 paired data points survived the daily window.
Raw input
1,255
730
Normalized
1,255
730
Prepared
1,255
730
Aligned
501
501
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
-15%
57 periods · Return correlation when both series rose
Both Falling
-5%
66 periods · Return correlation when both series fell
Diverging
-48%
126 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
983
A: 754 / B: 229
Series A
Johnson & Johnson
JNJ
Market cap 542.4B · 140,800 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Stellar
XLM
Crypto · 730 raw → 730 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0006
Linear regression slope.
Intercept
0.3367
Linear regression intercept.
Saved 2 days ago · ID: crypto:xlm|stock:jnj|5Y