Loading market view
Loading market view
Loading correlations
Correlation
of values
+60%
In sync
of periods
51%
History
monthsmonths · through 2026-07
247
These move in the same direction about 51% of the time
When one swings, the other often swings by a similar amount (~36% 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.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
51%
Headline metric
Movement correlation(i)
+60%
Based on values
95% CI
+52% → +68%
Likely range of correlation
Pipeline
Pipeline Summary
247 paired data points survived the monthly window.
Raw input
703
5,179
Normalized
703
5,179
Prepared
703
248
Aligned
247
247
Invalid removed
R²(i)
36%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
247
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+60%
No shift — both series at their actual dates.
247 overlapping points at this shift
Baseline
+60%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+60%
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
-5%
61 periods · Return correlation when both series rose
Both Falling
-20%
65 periods · Return correlation when both series fell
Diverging
-56%
120 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
457
A: 456 / B: 1
Series A
Sticky Price CPI
CORESTICKM159SFRBATL
FRED · 703 raw → 703 prepared
Series B
US Dollar Index
DTWEXBGS
FRED · 5,179 raw → 248 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
6.2638
Linear regression slope.
Intercept
89.5540
Linear regression intercept.
Saved 4 months ago · ID: fred-corestickm159sfrbatl_fred-dtwexbgs_monthly_5y