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Correlation
of values
-76%
In sync
of periods
54%
History
daysdays · through 2026-07-02
11,356
These move in the same direction about 54% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~58% 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)
54%
Headline metric
Movement correlation(i)
-76%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
11,356 paired data points survived the daily window.
Raw input
13,911
11,357
Normalized
13,911
11,357
Prepared
13,911
11,357
Aligned
11,356
11,356
Invalid removed
Likely range
R²(i)
58%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
11,356
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
-76%
No shift — both series at their actual dates.
11,356 overlapping points at this shift
Baseline
-76%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-76%
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
2,556
A: 2555 / B: 1
Series A
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,911 raw → 13,911 prepared
Series B
USD/CNY Exchange Rate
DEXCHUS
FRED · 11,357 raw → 11,357 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
86
Estimated crossover points between normalized spreads.
Slope
-0.0355
Linear regression slope.
Intercept
10.9431
Linear regression intercept.
Saved 3 months ago · ID: fred-dexchus_fred-dexjpus_daily_5y