SeriesMagCorrSyncOverlapThrough
Correlation
of values
+90%
In sync
of periods
45%
History
monthsmonths · through 2026-01
81
These move in the same direction about 45% of the time
When one swings, the other almost always swings by a closely matched amount (~81% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
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)
45.0%
Headline metric
Movement correlation(i)
+90%
Based on values
95% CI
+85% → +93%
Likely range of correlation
Pipeline
Pipeline Summary
81 paired data points survived the monthly window.
Raw input
317
5,092
Normalized
317
5,092
Prepared
317
244
Aligned
81
81
Invalid removed
R²(i)
80.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
81
Thin
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+90%
No shift — both series at their actual dates.
81 overlapping points at this shift
Baseline
+90%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+90%
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
-5%
27 periods · Return correlation when both series rose
Both Falling
-2%
9 periods · Return correlation when both series fell
Diverging
-71%
44 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
399
A: 236 / B: 163
Series A
Real gross domestic product per capita
A939RX0Q048SBEA
FRED · 317 raw → 317 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,092 raw → 244 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0025
Linear regression slope.
Intercept
-37.3003
Linear regression intercept.
Saved 2 days ago · ID: fred-a939rx0q048sbea_fred-dtwexemegs_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.