Correlation Analysis
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Korea vs Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Korea
LRUNTTTTKRM156S vs IRLTLT01KRM156N
+0.002
Near-zero positive
When one moves up, the other tends to follow.
AI Analysis
The correlation between Series A (LRUNTTTTKRM156S) and Series B (IRLTLT01KRM156N) is negligible, indicating that these two economic data series do not move together in any meaningful way over the observed period. While there is a slight tendency for them to trend in the same direction about half the time, this is not statistically significant, and the timing offset suggests that any potential influence of one series on the other is weak and inconsistent. Investors should be cautious in using these series to inform decisions, as the lack of a strong relationship means they are unlikely to provide reliable insights into market trends or economic conditions.
Timing Offset
x leads y by 6 periods
LRUNTTTTKRM156S tends to move before IRLTLT01KRM156N.
Correlation at each lag offset (periods). Peak marked with dot.
Peak correlation at offset: +0.207 (13 lags scanned)
R-Squared
0.0%
Share of variance in one series explained by the other.
Trend Agreement
53.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
304
Robust shared window — 304 usable pairs.
Significance
n.s.
95% CI: [-0.311, 0.345] (approximate)
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
304 paired observations survived the daily window.
Raw input
433
305
Normalized
433
305
Prepared
433
305
Aligned
304
304
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
130
A: 129 / B: 1
Series A
LRUNTTTTKRM156S
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Korea
FRED · 433 raw → 433 prepared
Series B
IRLTLT01KRM156N
Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Korea
FRED · 305 raw → 305 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0784
Linear regression slope.
Intercept
3.6916
Linear regression intercept.
Saved 13 hours ago · ID: fred-lrunttttkrm156s-vs-fred-irltlt01krm156n-daily-20260406-ih2qfq