Loading market view
Loading market view
Loading correlations
Correlation
of values
-70%
In sync
of periods
47%
History
daysdays · through 2026-08-25
10,121
These move in the same direction about 47% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~49% 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)
47%
Headline metric
Movement correlation(i)
-70%
Based on values
95% CI
-71% → -69%
Pipeline
Pipeline Summary
10,121 paired data points survived the daily window.
Raw input
11,456
10,231
Normalized
11,456
10,231
Prepared
11,456
10,231
Aligned
10,121
10,121
Invalid removed
Likely range of correlation
R²(i)
49%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
10,121
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
-70%
No shift — both series at their actual dates.
10,121 overlapping points at this shift
Baseline
-70%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-70%
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
1,445
A: 1335 / B: 110
Series A
USD/SGD Exchange Rate
DEXSIUS
FRED · 11,456 raw → 11,456 prepared
Series B
WTI Crude Oil
DCOILWTICO
FRED · 10,231 raw → 10,231 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
75
Estimated crossover points between normalized spreads.
Slope
-85.3250
Linear regression slope.
Intercept
180.4527
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dcoilwtico_fred-dexsius_daily_5y