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Correlation
of values
-84%
In sync
of periods
49%
History
daysdays · through 2026-06-05
10,089
These move in the same direction about 49% 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.
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)
49.0%
Headline metric
Movement correlation(i)
-84%
Based on values
95% CI
-85% → -84%
Pipeline
Pipeline Summary
10,089 paired data points survived the daily window.
Raw input
10,143
13,391
Normalized
10,143
13,391
Prepared
10,143
13,391
Aligned
10,089
10,089
Invalid removed
Likely range of correlation
R²(i)
71.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
10,089
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.
10,089 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
3,356
A: 54 / B: 3302
Series A
Baa Corporate Bond Yield
DBAA
FRED · 10,143 raw → 10,143 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,391 raw → 13,391 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
-8.6091
Linear regression slope.
Intercept
107.8730
Linear regression intercept.
Saved last month · ID: fred-dbaa_fred-dexinus_daily_5y