SeriesMagCorrSyncOverlapThrough
Correlation
of values
+93%
In sync
of periods
49%
History
weeksweeks · through 2026-09
241
These move in the same direction about 49% of the time
When one swings, the other almost always swings by a closely matched amount (~86% 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
Unusual right now
Recently looser 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.
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)
49.4%
Headline metric
Movement correlation(i)
+93%
Based on values
95% CI
+91% → +94%
Likely range of correlation
Pipeline
Pipeline Summary
241 paired data points survived the weekly window.
Raw input
241
7,853
Normalized
241
7,853
Prepared
241
1,634
Aligned
241
241
Invalid removed
R²(i)
86.3%
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+93%
No shift — both series at their actual dates.
241 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
+51%
110 periods · Return correlation when both series rose
Both Falling
+97%
5 periods · Return correlation when both series fell
Diverging
-56%
125 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,393
A: 0 / B: 1393
Series A
Avg Hourly Earnings
CES0500000003
FRED · 241 raw → 241 prepared
Series B
USD/BRL Exchange Rate
DEXBZUS
FRED · 7,853 raw → 1,634 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.2772
Linear regression slope.
Intercept
-4.0438
Linear regression intercept.
Saved 2 days ago · ID: fred-ces0500000003_fred-dexbzus_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.