Correlation
+36%
of values
In sync
53%
of periods
History
241
days · through 2026-03-01
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~13% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
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
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)
52.8%
Headline metric
Movement correlation(i)
+36%
Based on values
95% CI
+25% → +47%
Pipeline
Pipeline Summary
241 paired data points survived the daily window.
Raw input
241
15,098
Normalized
241
15,098
Prepared
241
15,098
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)
13.2%
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
+36%
No shift — both series at their actual dates.
241 overlapping points at this shift
Baseline
+36%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+36%
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
+23%
119 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-28%
117 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
14,857
A: 0 / B: 14857
Series A
Avg Hourly Earnings
CES0500000003
FRED · 241 raw → 241 prepared
Series B
US Economic Policy Uncertainty
USEPUINDXD
FRED · 15,098 raw → 15,098 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
69
Estimated crossover points between normalized spreads.
Slope
9.5535
Linear regression slope.
Intercept
-102.7110
Linear regression intercept.
Saved yesterday · ID: fred-ces0500000003_fred-usepuindxd_5y