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Correlation
of values
+95%
In sync
of periods
—
History
monthsmonths · through 2026-01
80
These move together
When one swings, the other almost always swings by a closely matched amount (~90% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
N/A
Headline metric
Movement correlation(i)
+95%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
80 paired data points survived the monthly window.
Raw input
244
205
Normalized
244
205
Prepared
244
205
Aligned
80
80
Invalid removed
Likely range
R²(i)
90%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
80
Thin
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: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
+95%
No shift — both series at their actual dates.
80 overlapping points at this shift
Baseline
+95%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+95%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
289
A: 164 / B: 125
Series A
Avg Hourly Earnings
CES0500000003
FRED · 244 raw → 244 prepared
Series B
South Korea Home Prices
QKRN628BIS
FRED · 205 raw → 205 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
3.7186
Linear regression slope.
Intercept
18.6761
Linear regression intercept.
Saved 3 months ago · ID: fred-ces0500000003_fred-qkrn628bis_monthly_5y