Loading market view
Loading market view
Loading correlations
Correlation
of values
-67%
In sync
of periods
51%
History
weeksweeks · through 2026-36
1,875
These move in the same direction about 51% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~45% 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.
Advanced
Statistics
In sync(i)
51%
Headline metric
Movement correlation(i)
-67%
Based on values
95% CI
-70% → -65%
Pipeline
Pipeline Summary
1,875 paired data points survived the weekly window.
Raw input
1,875
10,205
Normalized
1,875
10,205
Prepared
1,875
2,123
Aligned
1,875
1,875
Invalid removed
Likely range of correlation
R²(i)
45%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,875
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
-67%
No shift — both series at their actual dates.
1,875 overlapping points at this shift
Baseline
-67%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-67%
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
248
A: 0 / B: 248
Series A
US Gas Price
GASREGW
FRED · 1,875 raw → 1,875 prepared
Series B
Baa Corporate Bond Yield
DBAA
FRED · 10,205 raw → 2,123 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-1.1480
Linear regression slope.
Intercept
9.0743
Linear regression intercept.
Saved 4 months ago · ID: fred-dbaa_fred-gasregw_weekly_5y