Correlation
of values
+83%
In sync
of periods
53%
History
weeksweeks · through 2026-09
639
These move in the same direction about 53% of the time
When one swings, the other often swings by a similar amount (~68% 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
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.
Explore
Advanced
Statistics
In sync(i)
52.5%
Headline metric
Movement correlation(i)
+83%
Based on values
95% CI
+80% → +85%
Likely range of correlation
Pipeline
Pipeline Summary
639 paired data points survived the weekly window.
Raw input
879
13,362
Normalized
879
13,362
Prepared
879
2,782
Aligned
639
639
Invalid removed
R²(i)
68.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
639
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
+83%
No shift — both series at their actual dates.
639 overlapping points at this shift
Baseline
+83%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+83%
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
+2%
89 periods · Return correlation when both series rose
Both Falling
-10%
48 periods · Return correlation when both series fell
Diverging
-29%
112 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,383
A: 240 / B: 2143
Series A
CPI: Used Cars & Trucks
CUSR0000SETA02
FRED · 879 raw → 879 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 2,782 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.5015
Linear regression slope.
Intercept
-25.1386
Linear regression intercept.
Saved 2 days ago · ID: fred-cusr0000seta02_fred-dexinus_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.