SeriesMagCorrSyncOverlapThrough
Correlation
of values
+90%
In sync
of periods
51%
History
weeksweeks · through 2026-01
129
These move in the same direction about 51% of the time
When one swings, the other almost always swings by a closely matched amount (~82% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
USD/MXN Exchange Rate moves ~12 weeks before Real gross domestic product per capita
Watch USD/MXN Exchange Rate for an early read on Real gross domestic product per capita.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
50.8%
Headline metric
Movement correlation(i)
+90%
Based on values
95% CI
+87% → +93%
Likely range of correlation
Pipeline
Pipeline Summary
129 paired data points survived the weekly window.
Raw input
317
8,138
Normalized
317
8,138
Prepared
317
1,694
Aligned
129
129
Invalid removed
R²(i)
81.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
129
Usable
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: -12 to 12 weeks.
Selected shift
-12 weeks
Correlation at this shift
+96%
+5% stronger than no-shift baseline
USD/MXN Exchange Rate shifted 12 weeks later. Reads: "Does Real gross domestic product per capita today line up with USD/MXN Exchange Rate 12 weeks ago?"
117 overlapping points at this shift
Baseline
+90%
No-shift correlation, matching the main time-series chart above.
Peak shift
-12 weeks
+96%
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
+0%
56 periods · Return correlation when both series rose
Both Falling
-2%
9 periods · Return correlation when both series fell
Diverging
-73%
63 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,753
A: 188 / B: 1565
Series A
Real gross domestic product per capita
A939RX0Q048SBEA
FRED · 317 raw → 317 prepared
Series B
USD/MXN Exchange Rate
DEXMXUS
FRED · 8,138 raw → 1,694 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.0006
Linear regression slope.
Intercept
-18.8476
Linear regression intercept.
Saved 2 days ago · ID: fred-a939rx0q048sbea_fred-dexmxus_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.