Loading market view
Loading market view
Loading correlations
Monero (XMR) vs NASDAQ Composite
Correlation
of % moves
+24%
In sync
of periods
57%
History
daysdays · through 2026-09-08
500
These move in the same direction about 57% of the time
Their swing sizes only faintly line up (~6% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
57%
Headline metric
Movement correlation(i)
+24%
Based on % moves
95% CI
+16% → +33%
Likely range of correlation
Pipeline
Pipeline Summary
500 paired data points survived the daily window.
Raw input
729
14,015
Normalized
729
14,015
Prepared
729
14,015
Aligned
500
500
Invalid removed
R²(i)
6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
499
Robust
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
+24%
No shift — both series at their actual dates.
499 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+24%
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
+1%
93 periods · Return correlation when both series rose
Both Falling
+33%
71 periods · Return correlation when both series fell
Diverging
-45%
85 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,744
A: 229 / B: 13515
Series A
Monero (XMR)
XMR
Crypto · 729 raw → 729 prepared
Series B
NASDAQ Composite
NASDAQCOM
FRED · 14,015 raw → 14,015 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.0713
Linear regression slope.
Intercept
0.0007
Linear regression intercept.
Saved 4 months ago · ID: crypto-xmr_fred-nasdaqcom_daily_5y