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Correlation
of values
-84%
In sync
of periods
49%
History
daysdays · through 2026-09-03
10,151
These move in the same direction about 49% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~70% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
49%
Headline metric
Movement correlation(i)
-84%
Based on values
95% CI
-84% → -83%
Pipeline
Pipeline Summary
10,151 paired data points survived the daily window.
Raw input
10,205
13,454
Normalized
10,205
13,454
Prepared
10,205
13,454
Aligned
10,151
10,151
Invalid removed
Likely range of correlation
R²(i)
70%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
10,151
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
-84%
No shift — both series at their actual dates.
10,151 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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
3,357
A: 54 / B: 3303
Series A
Baa Corporate Bond Yield
DBAA
FRED · 10,205 raw → 10,205 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,454 raw → 13,454 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
-8.6537
Linear regression slope.
Intercept
108.4308
Linear regression intercept.
Saved 4 months ago · ID: fred-dbaa_fred-dexinus_daily_5y