Correlation
of values
+61%
In sync
of periods
48%
History
daysdays · through 2026-03-01
241
These move in the same direction about 48% of the time
Their swing sizes loosely line up (~37% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
48.1%
Headline metric
Movement correlation(i)
+61%
Based on values
95% CI
+52% → +68%
Likely range of correlation
Pipeline
Pipeline Summary
241 paired data points survived the daily window.
Raw input
699
241
Normalized
699
241
Prepared
699
241
Aligned
241
241
Invalid removed
R²(i)
36.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
241
Usable
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
+61%
No shift — both series at their actual dates.
241 overlapping points at this shift
Baseline
+61%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+61%
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
+48%
106 periods · Return correlation when both series rose
Both Falling
+15%
6 periods · Return correlation when both series fell
Diverging
-46%
128 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
458
A: 458 / B: 0
Series A
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 699 raw → 699 prepared
Series B
Avg Hourly Earnings
CES0500000003
FRED · 241 raw → 241 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
2.4516
Linear regression slope.
Intercept
20.1792
Linear regression intercept.
Saved 4 days ago · ID: fred-ces0500000003_fred-corestickm159sfrbatl_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.