Correlation
-44%
of % moves
In sync
53%
of periods
History
493
days · through 2026-04-24
These move opposite each other about 53% of the time
Their swing sizes loosely mirror each other (~19% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
52.6%
Headline metric
Movement correlation(i)
-44%
Based on % moves
95% CI
-51% → -37%
Likely range of correlation
Pipeline
Pipeline Summary
493 paired data points survived the daily window.
Raw input
730
13,848
Normalized
730
13,848
Prepared
730
13,848
Aligned
493
493
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
19.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
493
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
-44%
No shift — both series at their actual dates.
493 overlapping points at this shift
Baseline
-44%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-44%
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
+11%
63 periods · Return correlation when both series rose
Both Falling
+31%
75 periods · Return correlation when both series fell
Diverging
-52%
111 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,592
A: 237 / B: 13355
Series A
Bitcoin Cash (BCH)
BCH
Crypto · 730 raw → 730 prepared
Series B
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,848 raw → 13,848 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
28
Estimated crossover points between normalized spreads.
Slope
-0.0010
Linear regression slope.
Intercept
4.7648
Linear regression intercept.
Saved yesterday · ID: crypto-bch_fred-dexmaus_5y