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Coeur Mining, Inc. (CDE) vs US Dollar Index
Correlation
of % moves
-33%
In sync
of periods
36%
History
daysdays · through 2026-06-05
1,240
These move in the same direction about 36% of the time
Their swing sizes only faintly mirror each other (~11% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Advanced
Statistics
In sync(i)
36.4%
Headline metric
Movement correlation(i)
-33%
Based on % moves
95% CI
-37% → -28%
Likely range of correlation
Pipeline
Pipeline Summary
1,240 paired data points survived the daily window.
Raw input
1,255
5,121
Normalized
1,255
5,121
Prepared
1,255
5,121
Aligned
1,240
1,240
Invalid removed
R²(i)
10.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,240
Deep
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
-33%
No shift — both series at their actual dates.
1,239 overlapping points at this shift
Baseline
-33%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-33%
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
-29%
31 periods · Return correlation when both series rose
Both Falling
-6%
30 periods · Return correlation when both series fell
Diverging
-35%
79 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
3,896
A: 15 / B: 3881
Series A
Coeur Mining, Inc. (CDE)
CDE
Stock · 1,255 raw → 1,255 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,121 raw → 5,121 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
32
Estimated crossover points between normalized spreads.
Slope
-0.0230
Linear regression slope.
Intercept
0.0001
Linear regression intercept.
Saved last month · ID: fred-dtwexemegs_stock-cde_daily_5y