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Correlation
of values
+28%
In sync
of periods
66%
History
daysdays · through 2026-07-24
13,925
These move in the same direction about 66% of the time
Their swing sizes only faintly line up (~8% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
66%
Headline metric
Movement correlation(i)
+28%
Based on values
95% CI
+27% → +30%
Pipeline
Pipeline Summary
13,925 paired data points survived the daily window.
Raw input
13,926
13,931
Normalized
13,926
13,931
Prepared
13,926
13,931
Aligned
13,925
13,925
Invalid removed
Likely range of correlation
R²(i)
8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
13,925
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
+28%
No shift — both series at their actual dates.
13,925 overlapping points at this shift
Baseline
+28%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+28%
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: 1 / B: 6
Series A
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,926 raw → 13,926 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,931 raw → 13,931 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
30
Estimated crossover points between normalized spreads.
Slope
0.0048
Linear regression slope.
Intercept
5.8746
Linear regression intercept.
Saved 3 months ago · ID: fred-dexdnus_fred-dexjpus_daily_5y