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Correlation
of values
+96%
In sync
of periods
54%
History
weeksweeks · through 2026-36
1,875
These move in the same direction about 54% of the time
When one swings, the other almost always swings by a closely matched amount (~92% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
54%
Headline metric
Movement correlation(i)
+96%
Based on values
95% CI
+95% → +96%
Pipeline
Pipeline Summary
1,875 paired data points survived the weekly window.
Raw input
1,875
10,236
Normalized
1,875
10,236
Prepared
1,875
2,123
Aligned
1,875
1,875
Invalid removed
Likely range of correlation
R²(i)
92%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,875
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
+96%
No shift — both series at their actual dates.
1,875 overlapping points at this shift
Baseline
+96%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+96%
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 · 1,875 raw → 1,875 prepared
Series B
WTI Crude Oil
DCOILWTICO
FRED · 10,236 raw → 2,123 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
31
Estimated crossover points between normalized spreads.
Slope
28.8353
Linear regression slope.
Intercept
-13.0041
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dcoilwtico_fred-gasregw_weekly_5y