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Correlation
of values
-68%
In sync
of periods
51%
History
weeksweeks · through 2026-23
1,862
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 (~46% 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)
51.3%
Headline metric
Movement correlation(i)
-68%
Based on values
95% CI
-70% → -65%
Pipeline
Pipeline Summary
1,862 paired data points survived the weekly window.
Raw input
1,862
10,143
Normalized
1,862
10,143
Prepared
1,862
2,110
Aligned
1,862
1,862
Invalid removed
Likely range of correlation
R²(i)
45.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,862
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
-68%
No shift — both series at their actual dates.
1,862 overlapping points at this shift
Baseline
-68%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-68%
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 · 1,862 raw → 1,862 prepared
Series B
Baa Corporate Bond Yield
DBAA
FRED · 10,143 raw → 2,110 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-1.1704
Linear regression slope.
Intercept
9.1134
Linear regression intercept.
Saved last month · ID: fred-dbaa_fred-gasregw_weekly_5y