SeriesMagCorrSyncOverlapThrough
Correlation
-76%
of values
In sync
47%
of periods
History
241
weeks · through 2026-09
These move opposite each other about 47% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~58% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
46.8%
Headline metric
Movement correlation(i)
-76%
Based on values
95% CI
-81% → -71%
Pipeline
Pipeline Summary
241 paired data points survived the weekly window.
Raw input
241
13,870
Normalized
241
13,870
Prepared
241
2,885
Aligned
241
241
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
Likely range of correlation
R²(i)
58.4%
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
-76%
No shift — both series at their actual dates.
241 overlapping points at this shift
Baseline
-76%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-76%
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
-7%
108 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-15%
131 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,644
A: 0 / B: 2644
Series A
Avg Hourly Earnings
CES0500000003
FRED · 241 raw → 241 prepared
Series B
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,870 raw → 2,885 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0360
Linear regression slope.
Intercept
2.4474
Linear regression intercept.
Saved yesterday · ID: fred-ces0500000003_fred-dexusuk_5y