SeriesMagCorrSyncOverlapThrough
Correlation
of values
+93%
In sync
of periods
57%
History
daysdays · through 2026-01-01
293
These move in the same direction about 57% of the time
When one swings, the other almost always swings by a closely matched amount (~87% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
56.8%
Headline metric
Movement correlation(i)
+93%
Based on values
95% CI
+92% → +95%
Likely range of correlation
Pipeline
Pipeline Summary
293 paired data points survived the daily window.
Raw input
317
879
Normalized
317
879
Prepared
317
879
Aligned
293
293
Invalid removed
R²(i)
87.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
293
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
+93%
No shift — both series at their actual dates.
293 overlapping points at this shift
Baseline
+93%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+93%
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
+33%
108 periods · Return correlation when both series rose
Both Falling
-6%
32 periods · Return correlation when both series fell
Diverging
-35%
109 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
610
A: 24 / B: 586
Series A
Real gross domestic product per capita
A939RX0Q048SBEA
FRED · 317 raw → 317 prepared
Series B
CPI: Used Cars & Trucks
CUSR0000SETA02
FRED · 879 raw → 879 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0034
Linear regression slope.
Intercept
-36.7529
Linear regression intercept.
Saved 2 days ago · ID: fred-a939rx0q048sbea_fred-cusr0000seta02_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.