Correlation Analysis
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Korea vs Unemployment Rate
LRUNTTTTKRM156S vs UNRATE
-0.126
Weak inverse
When one moves up, the other tends to move down.
AI Analysis
The correlation between Series A (LRUNTTTTKRM156S) and Series B (UNRATE) indicates a weak inverse relationship, suggesting that as one series tends to increase, the other tends to decrease, but not strongly enough to be a reliable predictor. With about half of the periods moving in the same direction, this weak association is somewhat meaningful, but the lead/lag relationship—where the unemployment rate (UNRATE) tends to lead the other series by six periods—means investors should consider timing when analyzing these data points. However, the low R-squared value signals that other factors may be influencing these series significantly, so relying solely on this correlation for investment decisions may be misleading.
Timing Offset
y leads x by 6 periods
UNRATE tends to move before LRUNTTTTKRM156S.
Correlation at each lag offset (periods). Peak marked with dot.
Peak correlation at offset: +0.389 (13 lags scanned)
R-Squared
3.3%
Share of variance in one series explained by the other.
Trend Agreement
50.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
432
Robust shared window — 432 usable pairs.
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
432 paired observations survived the daily window.
Raw input
433
938
Normalized
433
938
Prepared
433
938
Aligned
432
432
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
507
A: 1 / B: 506
Series A
LRUNTTTTKRM156S
Infra-Annual Labor Statistics: Unemployment Rate Total: 15 Years or over for Korea
FRED · 433 raw → 433 prepared
Series B
UNRATE
Unemployment Rate
FRED · 938 raw → 938 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.2981
Linear regression slope.
Intercept
6.6128
Linear regression intercept.
Saved 10 hours ago · ID: fred-lrunttttkrm156s-vs-fred-unrate-daily-20260406-i4jcc1