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AvalonBay Communities, Inc. (AVB) vs AUD/USD Exchange Rate
Correlation
of % moves
+24%
In sync
of periods
59%
History
daysdays · through 2026-05-15
1,238
These move in the same direction about 59% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
58.6%
Headline metric
Movement correlation(i)
+24%
Based on % moves
95% CI
+19% → +29%
Likely range of correlation
Pipeline
Pipeline Summary
1,238 paired data points survived the daily window.
Raw input
1,254
13,878
Normalized
1,254
13,878
Prepared
1,254
13,878
Aligned
1,238
1,238
Invalid removed
R²(i)
5.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,238
Deep
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
+24%
No shift — both series at their actual dates.
1,237 overlapping points at this shift
Baseline
+24%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+24%
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
+6%
46 periods · Return correlation when both series rose
Both Falling
+43%
49 periods · Return correlation when both series fell
Diverging
-45%
52 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,656
A: 16 / B: 12640
Series A
AvalonBay Communities, Inc. (AVB)
AVB
Stock · 1,254 raw → 1,254 prepared
Series B
AUD/USD Exchange Rate
DEXUSAL
FRED · 13,878 raw → 13,878 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.1136
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexusal_stock-avb_daily_5y