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Correlation
of values
+46%
In sync
of periods
60%
History
daysdays · through 2026-07-02
13,916
These move in the same direction about 60% of the time
Their swing sizes loosely line up (~21% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
60%
Headline metric
Movement correlation(i)
+46%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
13,916 paired data points survived the daily window.
Raw input
13,923
13,916
Normalized
13,923
13,916
Prepared
13,923
13,916
Aligned
13,916
13,916
Invalid removed
Likely range
R²(i)
21%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
13,916
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
+46%
No shift — both series at their actual dates.
13,916 overlapping points at this shift
Baseline
+46%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+46%
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
7
A: 7 / B: 0
Series A
USD/CAD Exchange Rate
DEXCAUS
FRED · 13,923 raw → 13,923 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,916 raw → 13,916 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
191
Estimated crossover points between normalized spreads.
Slope
3.3375
Linear regression slope.
Intercept
2.5010
Linear regression intercept.
Saved 3 months ago · ID: fred-dexcaus_fred-dexdnus_daily_5y