SeriesMagCorrSyncOverlapThrough
Correlation
+63%
of values
In sync
54%
of periods
History
161
weeks · through 2026-01
These move in the same direction about 54% of the time
Their swing sizes loosely line up (~40% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Baa Corporate Bond Yield moves ~12 weeks before Velocity of M2 Money Stock
Watch Baa Corporate Bond Yield for an early read on Velocity of M2 Money Stock.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
53.5%
Headline metric
Movement correlation(i)
+63%
Based on values
95% CI
+53% → +71%
Likely range of correlation
Pipeline
Pipeline Summary
161 paired data points survived the weekly window.
Raw input
269
10,119
Normalized
269
10,119
Prepared
269
2,105
Aligned
161
161
Invalid removed
Explore
R²(i)
39.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
161
Usable
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
-12 weeks
Correlation at this shift
+75%
+12% stronger than no-shift baseline
Baa Corporate Bond Yield shifted 12 weeks later. Reads: "Does Velocity of M2 Money Stock today line up with Baa Corporate Bond Yield 12 weeks ago?"
149 overlapping points at this shift
Baseline
+63%
No-shift correlation, matching the main time-series chart above.
Peak shift
-12 weeks
+75%
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
+31%
38 periods · Return correlation when both series rose
Both Falling
-5%
45 periods · Return correlation when both series fell
Diverging
-49%
77 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,052
A: 108 / B: 1944
Series A
Velocity of M2 Money Stock
M2V
FRED · 269 raw → 269 prepared
Series B
Baa Corporate Bond Yield
DBAA
FRED · 10,119 raw → 2,105 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
4.3165
Linear regression slope.
Intercept
-0.6372
Linear regression intercept.
Saved 2 days ago · ID: fred-dbaa_fred-m2v_5y
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.