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Correlation
of % moves
+28%
In sync
of periods
63%
History
daysdays · through 2026-06-11
350
These move in the same direction about 63% of the time
Their swing sizes only faintly line up (~8% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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 tighter
The recent pattern is tighter 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)
62.8%
Headline metric
Movement correlation(i)
+28%
Based on % moves
95% CI
+18% → +38%
Likely range of correlation
Pipeline
Pipeline Summary
350 paired data points survived the daily window.
Raw input
350
1,243
Normalized
350
1,243
Prepared
350
1,243
Aligned
350
350
Invalid removed
R²(i)
8.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
350
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
+28%
No shift — both series at their actual dates.
349 overlapping points at this shift
Baseline
+28%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+28%
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%
92 periods · Return correlation when both series rose
Both Falling
+33%
74 periods · Return correlation when both series fell
Diverging
-25%
83 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
893
A: 0 / B: 893
Series A
Block, Inc. (XYZ)
XYZ
Stock · 350 raw → 350 prepared
Series B
Xometry, Inc. Class A Common Stock (XMTR)
XMTR
Stock · 1,243 raw → 1,243 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.4342
Linear regression slope.
Intercept
0.0030
Linear regression intercept.
Saved last month · ID: stock-xmtr_stock-xyz_daily_5y