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Correlation
of values
-23%
In sync
of periods
47%
History
daysdays · through 2026-07-02
12,506
These move in the same direction about 47% of the time
Their swing sizes only faintly mirror each other (~5% 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)
47%
Headline metric
Movement correlation(i)
-23%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
12,506 paired data points survived the daily window.
Raw input
12,520
13,923
Normalized
12,520
13,923
Prepared
12,520
13,923
Aligned
12,506
12,506
Invalid removed
Likely range
R²(i)
5%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
12,506
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
-23%
No shift — both series at their actual dates.
12,506 overlapping points at this shift
Baseline
-23%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-23%
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
1,431
A: 14 / B: 1417
Series A
10Y-2Y Yield Spread
T10Y2Y
FRED · 12,520 raw → 12,520 prepared
Series B
USD/CAD Exchange Rate
DEXCAUS
FRED · 13,923 raw → 13,923 prepared
Sign agreement
83.6%
How often both values share the same sign.
Zero crossings
149
Estimated crossover points between normalized spreads.
Slope
-0.0366
Linear regression slope.
Intercept
1.2920
Linear regression intercept.
Saved 3 months ago · ID: fred-dexcaus_fred-t10y2y_daily_5y