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Correlation
of values
+60%
In sync
of periods
53%
History
daysdays · through 2026-07-02
744
These move in the same direction about 53% of the time
Their swing sizes loosely line up (~36% 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.
Advanced
Statistics
In sync(i)
53%
Headline metric
Movement correlation(i)
+60%
Based on values
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
744 paired data points survived the daily window.
Raw input
784
11,336
Normalized
784
11,336
Prepared
784
11,336
Aligned
744
744
Invalid removed
36%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
744
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
+60%
No shift — both series at their actual dates.
744 overlapping points at this shift
Baseline
+60%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+60%
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
+37%
45 periods · Return correlation when both series rose
Both Falling
+18%
67 periods · Return correlation when both series fell
Diverging
-50%
124 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,632
A: 40 / B: 10592
Series A
IG Bond Spread
BAMLC0A0CM
FRED · 784 raw → 784 prepared
Series B
USD/THB Exchange Rate
DEXTHUS
FRED · 11,336 raw → 11,336 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
6.4055
Linear regression slope.
Intercept
28.0228
Linear regression intercept.
Saved 3 months ago · ID: fred-bamlc0a0cm_fred-dexthus_daily_5y