Loading market view
Loading market view
Loading correlations
Block, Inc. (XYZ) vs Total Vehicle Sales
Correlation
of % moves
-38%
In sync
of periods
29%
History
monthsmonths · through 2026-06
18
These move in the same direction about 29% of the time
Their swing sizes only faintly mirror each other (~15% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
XYZ moves ~2 months before Total Vehicle Sales
Watch XYZ for an early read on Total Vehicle Sales.
Advanced
Statistics
In sync(i)
29%
Headline metric
Movement correlation(i)
-38%
Based on % moves
95% CI
N/A
Pipeline
Pipeline Summary
18 paired data points survived the monthly window.
Raw input
368
606
Normalized
368
606
Prepared
19
606
Aligned
18
18
Invalid removed
Likely range
R²(i)
15%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
17
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: -7 to 7 months.
Selected shift
+2 months
Correlation at this shift
+53%
+15% stronger than no-shift baseline
Total Vehicle Sales shifted 2 months earlier. Reads: "Does Block, Inc. (XYZ) today line up with Total Vehicle Sales 2 months from now?"
15 overlapping points at this shift
Baseline
-38%
No-shift correlation, matching the main time-series chart above.
Peak shift
+2 months
+53%
A non-zero peak suggests one series lines up better when shifted against the other.
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
N/A
4 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-74%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
589
A: 1 / B: 588
Series A
Block, Inc. (XYZ)
XYZ
Stock · 368 raw → 19 prepared
Series B
Total Vehicle Sales
TOTALSA
FRED · 606 raw → 606 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
-0.1665
Linear regression slope.
Intercept
0.0016
Linear regression intercept.
Saved 3 months ago · ID: fred-totalsa_stock-xyz_monthly_5y