SeriesMagCorrSyncOverlapThrough
Correlation
of values
+92%
In sync
of periods
57%
History
daysdays · through 2026-03-01
879
These move in the same direction about 57% of the time
When one swings, the other almost always swings by a closely matched amount (~86% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
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)
57.3%
Headline metric
Movement correlation(i)
+92%
Based on values
95% CI
+91% → +93%
Likely range of correlation
Pipeline
Pipeline Summary
879 paired data points survived the daily window.
Raw input
1,359
879
Normalized
1,359
879
Prepared
1,359
879
Aligned
879
879
Invalid removed
R²(i)
85.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
879
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
+92%
No shift — both series at their actual dates.
879 overlapping points at this shift
Baseline
+92%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+92%
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
+65%
104 periods · Return correlation when both series rose
Both Falling
+48%
41 periods · Return correlation when both series fell
Diverging
-44%
104 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
480
A: 480 / B: 0
Series A
PPI: All Commodities
PPIACO
FRED · 1,359 raw → 1,359 prepared
Series B
CPI: Used Cars & Trucks
CUSR0000SETA02
FRED · 879 raw → 879 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.7453
Linear regression slope.
Intercept
14.7042
Linear regression intercept.
Saved 2 days ago · ID: fred-cusr0000seta02_fred-ppiaco_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.