Correlation
of values
-52%
In sync
of periods
47%
History
daysdays · through 2026-03-01
505
These move opposite each other about 47% of the time
Their swing sizes loosely mirror each other (~27% 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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
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)
47.4%
Headline metric
Movement correlation(i)
-52%
Based on values
95% CI
-58% → -45%
Likely range of correlation
Pipeline
Pipeline Summary
505 paired data points survived the daily window.
Raw input
671
505
Normalized
671
505
Prepared
671
505
Aligned
505
505
Invalid removed
R²(i)
27.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
505
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
-52%
No shift — both series at their actual dates.
505 overlapping points at this shift
Baseline
-52%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-52%
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
+25%
70 periods · Return correlation when both series rose
Both Falling
-1%
53 periods · Return correlation when both series fell
Diverging
-63%
126 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
166
A: 166 / B: 0
Series A
Consumer Sentiment
UMCSENT
FRED · 671 raw → 671 prepared
Series B
Average Price: Ground Beef, 100% Beef
APU0000703112
FRED · 505 raw → 505 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
27
Estimated crossover points between normalized spreads.
Slope
-0.0520
Linear regression slope.
Intercept
7.0337
Linear regression intercept.
Saved 5 days ago · ID: fred-apu0000703112_fred-umcsent_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.