Correlation
of values
+83%
In sync
of periods
79%
History
daysdays · through 2026-01-01
269
These move in the same direction about 79% of the time
When one swings, the other often swings by a similar amount (~69% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
79.0%
Headline metric
Movement correlation(i)
+83%
Based on values
95% CI
+79% → +87%
Pipeline
Pipeline Summary
269 paired data points survived the daily window.
Raw input
807
317
Normalized
807
317
Prepared
807
317
Aligned
269
269
Invalid removed
Likely range of correlation
R²(i)
69.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
269
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
+83%
No shift — both series at their actual dates.
269 overlapping points at this shift
Baseline
+83%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+83%
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
+34%
192 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-51%
56 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
586
A: 538 / B: 48
Series A
Monetary Base
BOGMBASE
FRED · 807 raw → 807 prepared
Series B
Gross Domestic Product: Implicit Price Deflator
GDPDEF
FRED · 317 raw → 317 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0157
Linear regression slope.
Intercept
41.8460
Linear regression intercept.
Saved 4 days ago · ID: fred-bogmbase_fred-gdpdef_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.