SeriesMagCorrSyncOverlapThrough
Correlation
of values
-84%
In sync
of periods
47%
History
weeksweeks · through 2026-14
640
These move opposite each other about 47% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~70% 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 tighter 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)
47.0%
Headline metric
Movement correlation(i)
-84%
Based on values
95% CI
-86% → -81%
Likely range of correlation
Pipeline
Pipeline Summary
640 paired data points survived the weekly window.
Raw input
1,288
13,362
Normalized
1,288
13,362
Prepared
1,288
2,782
Aligned
640
640
Invalid removed
R²(i)
69.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
640
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-84%
No shift — both series at their actual dates.
640 overlapping points at this shift
Baseline
-84%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-84%
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
-4%
80 periods · Return correlation when both series rose
Both Falling
-22%
55 periods · Return correlation when both series fell
Diverging
-28%
114 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,790
A: 648 / B: 2142
Series A
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 2,782 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-7.2387
Linear regression slope.
Intercept
89.6462
Linear regression intercept.
Saved 2 days ago · ID: fred-aaa_fred-dexinus_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.