Loading market view
Loading market view
Loading correlations
Correlation
of values
+90%
In sync
of periods
45%
History
monthsmonths · through 2026-05
377
These move in the same direction about 45% of the time
When one swings, the other almost always swings by a closely matched amount (~80% 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
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Advanced
Statistics
In sync(i)
45%
Headline metric
Movement correlation(i)
+90%
Based on values
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
377 paired data points survived the monthly window.
Raw input
413
7,900
Normalized
413
7,900
Prepared
413
379
Aligned
377
377
Invalid removed
80%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
377
Robust
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
No shift
Correlation at this shift
+90%
No shift — both series at their actual dates.
377 overlapping points at this shift
Baseline
+90%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+90%
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
+41%
46 periods · Return correlation when both series rose
Both Falling
+6%
13 periods · Return correlation when both series fell
Diverging
-65%
73 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
38
A: 36 / B: 2
Series A
Retail Sales
RSAFS
FRED · 413 raw → 413 prepared
Series B
USD/BRL Exchange Rate
DEXBZUS
FRED · 7,900 raw → 379 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.0000
Linear regression slope.
Intercept
-0.5811
Linear regression intercept.
Saved 3 months ago · ID: fred-dexbzus_fred-rsafs_monthly_5y