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Correlation
of values
+94%
In sync
of periods
55%
History
monthsmonths · through 2026-04
118
These move in the same direction about 55% of the time
When one swings, the other almost always swings by a closely matched amount (~88% 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
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.
Advanced
Statistics
In sync(i)
54.8%
Headline metric
Movement correlation(i)
+94%
Based on values
95% CI
+91% → +96%
Likely range of correlation
Pipeline
Pipeline Summary
118 paired data points survived the monthly window.
Raw input
506
2,513
Normalized
506
2,513
Prepared
506
121
Aligned
118
118
Invalid removed
R²(i)
87.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
118
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+94%
No shift — both series at their actual dates.
118 overlapping points at this shift
Baseline
+94%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+94%
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
+15%
48 periods · Return correlation when both series rose
Both Falling
+30%
15 periods · Return correlation when both series fell
Diverging
-41%
53 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
391
A: 388 / B: 3
Series A
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 506 raw → 506 prepared
Series B
Dow Jones Industrial Average
DJIA
FRED · 2,513 raw → 121 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
8399.3597
Linear regression slope.
Intercept
-6867.4929
Linear regression intercept.
Saved last month · ID: fred-apu0000703112_fred-djia_monthly_5y