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Correlation
of values
+75%
In sync
of periods
56%
History
daysdays · through 2026-06-05
746
These move in the same direction about 56% of the time
When one swings, the other often swings by a similar amount (~56% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
56.5%
Headline metric
Movement correlation(i)
+75%
Based on values
95% CI
+72% → +78%
Likely range of correlation
Pipeline
Pipeline Summary
746 paired data points survived the daily window.
Raw input
785
13,877
Normalized
785
13,877
Prepared
785
13,877
Aligned
746
746
Invalid removed
R²(i)
56.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
746
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
+75%
No shift — both series at their actual dates.
746 overlapping points at this shift
Baseline
+75%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+75%
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
+22%
73 periods · Return correlation when both series rose
Both Falling
+26%
81 periods · Return correlation when both series fell
Diverging
-48%
80 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,170
A: 39 / B: 13131
Series A
ICE BofA US High Yield Index Effective Yield
BAMLH0A0HYM2EY
FRED · 785 raw → 785 prepared
Series B
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,877 raw → 13,877 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
40
Estimated crossover points between normalized spreads.
Slope
0.2920
Linear regression slope.
Intercept
2.2559
Linear regression intercept.
Saved last month · ID: fred-bamlh0a0hym2ey_fred-dexmaus_daily_5y