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Correlation
of values
-48%
In sync
of periods
42%
History
daysdays · through 2026-08-28
11,396
These move in the same direction about 42% of the time
Their swing sizes loosely mirror each other (~24% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
42%
Headline metric
Movement correlation(i)
-48%
Based on values
95% CI
-50% → -47%
Pipeline
Pipeline Summary
11,396 paired data points survived the daily window.
Raw input
11,397
13,950
Normalized
11,397
13,950
Prepared
11,397
13,950
Aligned
11,396
11,396
Invalid removed
Likely range of correlation
R²(i)
24%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
11,396
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
-48%
No shift — both series at their actual dates.
11,396 overlapping points at this shift
Baseline
-48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-48%
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
2,555
A: 1 / B: 2554
Series A
USD/CNY Exchange Rate
DEXCHUS
FRED · 11,397 raw → 11,397 prepared
Series B
AUD/USD Exchange Rate
DEXUSAL
FRED · 13,950 raw → 13,950 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
-0.0331
Linear regression slope.
Intercept
0.9754
Linear regression intercept.
Saved 4 months ago · ID: fred-dexchus_fred-dexusal_daily_5y