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Correlation
of values
-62%
In sync
of periods
53%
History
daysdays · through 2026-08-25
10,126
These move in the same direction about 53% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~38% 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)
53%
Headline metric
Movement correlation(i)
-62%
Based on values
95% CI
-63% → -61%
Pipeline
Pipeline Summary
10,126 paired data points survived the daily window.
Raw input
12,559
10,231
Normalized
12,559
10,231
Prepared
12,559
10,231
Aligned
10,126
10,126
Invalid removed
Likely range of correlation
R²(i)
38%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
10,126
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
-62%
No shift — both series at their actual dates.
10,126 overlapping points at this shift
Baseline
-62%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-62%
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
2,538
A: 2433 / B: 105
Series A
2Y Treasury Yield
DGS2
FRED · 12,559 raw → 12,559 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
91
Estimated crossover points between normalized spreads.
Slope
-7.2245
Linear regression slope.
Intercept
75.4138
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dcoilwtico-vs-fred-dgs2-daily