SeriesMagCorrSyncOverlapThrough
Correlation
-84%
of values
In sync
46%
of periods
History
542
weeks · through 2026-09
These move opposite each other about 46% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~71% 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)
45.6%
Headline metric
Movement correlation(i)
-84%
Based on values
95% CI
-86% → -82%
Pipeline
Pipeline Summary
542 paired data points survived the weekly window.
Raw input
830
11,369
Normalized
830
11,369
Prepared
830
2,365
Aligned
542
542
Invalid removed
Explore
Likely range of correlation
R²(i)
70.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
542
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-84%
No shift — both series at their actual dates.
542 overlapping points at this shift
Baseline
-84%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-84%
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
-10%
103 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-20%
145 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,111
A: 288 / B: 1823
Series A
US Core CPI
CPILFESL
FRED · 830 raw → 830 prepared
Series B
USD/SGD Exchange Rate
DEXSIUS
FRED · 11,369 raw → 2,365 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0040
Linear regression slope.
Intercept
2.3857
Linear regression intercept.
Saved 3 days ago · ID: fred-cpilfesl_fred-dexsius_5y
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.