Correlation
of values
+67%
In sync
of periods
61%
History
daysdays · through 2026-04-24
13,869
These move in the same direction about 61% of the time
When one swings, the other often swings by a similar amount (~45% 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.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Explore
Advanced
Statistics
In sync(i)
61.3%
Headline metric
Movement correlation(i)
+67%
Based on values
95% CI
+67% → +68%
Likely range of correlation
Pipeline
Pipeline Summary
13,869 paired data points survived the daily window.
Raw input
13,876
13,869
Normalized
13,876
13,869
Prepared
13,876
13,869
Aligned
13,869
13,869
Invalid removed
R²(i)
45.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,869
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
+67%
No shift — both series at their actual dates.
13,869 overlapping points at this shift
Baseline
+67%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+67%
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
+63%
96 periods · Return correlation when both series rose
Both Falling
+48%
90 periods · Return correlation when both series fell
Diverging
-64%
63 periods · Return correlation when series moved apart
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 · 13,876 raw → 13,876 prepared
Series B
USD/NOK Exchange Rate
DEXNOUS
FRED · 13,869 raw → 13,869 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
124
Estimated crossover points between normalized spreads.
Slope
6.2335
Linear regression slope.
Intercept
-0.6085
Linear regression intercept.
Saved 4 days ago · ID: fred-dexcaus_fred-dexnous_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.