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Corpay, Inc. (CPAY) vs USD/CHF Exchange Rate
Correlation
of % moves
+11%
In sync
of periods
52%
History
daysdays · through 2026-05-15
534
These move in the same direction about 52% of the time
Their swing sizes only faintly line up (~1% 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.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
52.1%
Headline metric
Movement correlation(i)
+11%
Based on % moves
95% CI
+3% → +20%
Likely range of correlation
Pipeline
Pipeline Summary
534 paired data points survived the daily window.
Raw input
543
13,885
Normalized
543
13,885
Prepared
543
13,885
Aligned
534
534
Invalid removed
R²(i)
1.3%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
534
Robust
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
+11%
No shift — both series at their actual dates.
533 overlapping points at this shift
Baseline
+11%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+11%
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
+38%
58 periods · Return correlation when both series rose
Both Falling
+61%
57 periods · Return correlation when both series fell
Diverging
-61%
134 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,360
A: 9 / B: 13351
Series A
Corpay, Inc. (CPAY)
CPAY
Stock · 543 raw → 543 prepared
Series B
USD/CHF Exchange Rate
DEXSZUS
FRED · 13,885 raw → 13,885 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.0257
Linear regression slope.
Intercept
-0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexszus_stock-cpay_daily_5y