SeriesMagCorrSyncOverlapThrough
Correlation
of % moves
-93%
In sync
of periods
12%
History
monthsmonths · through 2026-04
60
These move opposite each other about 12% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~87% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Explore
Advanced
Statistics
In sync(i)
11.9%
Headline metric
Movement correlation(i)
-93%
Based on % moves
95% CI
-96% → -89%
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,288
1,255
Normalized
1,288
1,255
Prepared
1,288
61
Aligned
60
60
Invalid removed
Likely range of correlation
R²(i)
86.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
60
Thin
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-93%
No shift — both series at their actual dates.
60 overlapping points at this shift
Baseline
-93%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-93%
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
N/A
3 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-95%
52 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,229
A: 1228 / B: 1
Series A
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Series B
BND
Stock · 1,255 raw → 61 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-4.7197
Linear regression slope.
Intercept
96.8101
Linear regression intercept.
Saved 8 hours ago · ID: fred-aaa_stock-bnd_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.