Correlation
of values
+77%
In sync
of periods
57%
History
daysdays · through 2026-03-01
806
These move in the same direction about 57% of the time
When one swings, the other often swings by a similar amount (~59% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
Explore
Advanced
Statistics
In sync(i)
56.5%
Headline metric
Movement correlation(i)
+77%
Based on values
95% CI
+74% → +80%
Pipeline
Pipeline Summary
806 paired data points survived the daily window.
Raw input
830
807
Normalized
830
807
Prepared
830
807
Aligned
806
806
Invalid removed
Likely range of correlation
R²(i)
59.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
806
Deep
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
+77%
No shift — both series at their actual dates.
806 overlapping points at this shift
Baseline
+77%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+77%
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
+24%
140 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-49%
109 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
25
A: 24 / B: 1
Series A
US Core CPI
CPILFESL
FRED · 830 raw → 830 prepared
Series B
Bank Reserves
TOTRESNS
FRED · 807 raw → 807 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
9.7596
Linear regression slope.
Intercept
-779.2054
Linear regression intercept.
Saved 4 days ago · ID: fred-cpilfesl_fred-totresns_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.