Loading market view
Loading market view
Loading correlations
Cardano (ADA) vs USD/VES Exchange Rate
Correlation
of % moves
-4%
In sync
of periods
48%
History
daysdays · through 2026-05-15
493
These move opposite each other about 48% of the time
Their swing sizes barely line up — almost no shared pattern.
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.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
47.9%
Headline metric
Movement correlation(i)
-4%
Based on % moves
95% CI
-13% → +5%
Likely range of correlation
Pipeline
Pipeline Summary
493 paired data points survived the daily window.
Raw input
730
6,606
Normalized
730
6,606
Prepared
730
6,606
Aligned
493
493
Invalid removed
R²(i)
0.2%
Variance explained
Significance
n.s.
Statistical confidence
Data points
493
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
-4%
No shift — both series at their actual dates.
492 overlapping points at this shift
Baseline
-4%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-4%
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
-17%
97 periods · Return correlation when both series rose
Both Falling
+79%
11 periods · Return correlation when both series fell
Diverging
+2%
141 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
6,350
A: 237 / B: 6113
Series A
Cardano (ADA)
ADA
Crypto · 730 raw → 730 prepared
Series B
USD/VES Exchange Rate
DEXVZUS
FRED · 6,606 raw → 6,606 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0047
Linear regression slope.
Intercept
0.0054
Linear regression intercept.
Saved 2 weeks ago · ID: crypto-ada_fred-dexvzus_daily_5y