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Correlation
of values
-83%
In sync
of periods
53%
History
monthsmonths · through 2025-10
160
These move opposite each other about 53% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~70% 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.
What to Watch
Baa Corporate Bond Yield moves ~18 months before South Korea Home Prices
Watch Baa Corporate Bond Yield for an early read on South Korea Home Prices.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
52.6%
Headline metric
Movement correlation(i)
-83%
Based on values
95% CI
-88% → -78%
Likely range of correlation
Pipeline
Pipeline Summary
160 paired data points survived the monthly window.
Raw input
10,124
204
Normalized
10,124
204
Prepared
485
204
Aligned
160
160
Invalid removed
R²(i)
69.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
160
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: -18 to 18 months.
Selected shift
+18 months
Correlation at this shift
-89%
+5% stronger than no-shift baseline
South Korea Home Prices shifted 18 months earlier. Reads: "Does Baa Corporate Bond Yield today line up with South Korea Home Prices 18 months from now?"
142 overlapping points at this shift
Baseline
-83%
No-shift correlation, matching the main time-series chart above.
Peak shift
+18 months
-89%
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
-0%
51 periods · Return correlation when both series rose
Both Falling
+27%
31 periods · Return correlation when both series fell
Diverging
-35%
77 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
369
A: 325 / B: 44
Series A
Baa Corporate Bond Yield
DBAA
FRED · 10,124 raw → 485 prepared
Series B
South Korea Home Prices
QKRN628BIS
FRED · 204 raw → 204 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-12.6505
Linear regression slope.
Intercept
178.3658
Linear regression intercept.
Saved 2 days ago · ID: fred-dbaa_fred-qkrn628bis_monthly_5y