Correlation Analysis
U.S. Dollars to U.K. Pound Sterling Spot Exchange Rate vs Real Gross Domestic Product for United Kingdom (DISCONTINUED)
DEXUSUK vs CLVMNACSCAB1GQUK
-0.428
Moderate inverse
When one moves up, the other tends to move down.
AI Analysis
The negative correlation between DEXUSUK and CLVMNACSCAB1GQUK suggests that when one series rises, the other tends to fall, indicating an inverse relationship between these economic indicators. With over half of the observed periods showing trends in the same direction, this relationship is noteworthy; however, the timing offset is minimal, meaning they tend to move in sync rather than one leading the other. Investors should be cautious, as while the correlation is significant, the relatively low R-squared indicates that other factors could be influencing these series, and decisions should not be based solely on this relationship.
Timing Offset
in sync
DEXUSUK and CLVMNACSCAB1GQUK tend to move at the same time.
Correlation at each lag offset (periods). Peak marked with dot.
Peak correlation at offset: -0.473 (13 lags scanned)
R-Squared
22.4%
Share of variance in one series explained by the other.
Trend Agreement
54.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
183
Usable shared window — 183 usable pairs.
Significance
p < 0.01
95% CI: [-0.694, -0.171] (approximate)
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
183 paired observations survived the weekly window.
Raw input
13,850
183
Normalized
13,850
183
Prepared
2,881
183
Aligned
183
183
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,698
A: 2698 / B: 0
Series A
DEXUSUK
U.S. Dollars to U.K. Pound Sterling Spot Exchange Rate
FRED · 13,850 raw → 2,881 prepared
Series B
CLVMNACSCAB1GQUK
Real Gross Domestic Product for United Kingdom (DISCONTINUED)
FRED · 183 raw → 183 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-181454.0469
Linear regression slope.
Intercept
620597.7192
Linear regression intercept.
Saved 13 hours ago · ID: fred-dexusuk-vs-fred-clvmnacscab1gquk-weekly-20260406-986x0q