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Correlation
of values
-3%
In sync
of periods
62%
History
daysdays · through 2026-05-01
13,852
These move opposite each other about 62% of the time
Their swing sizes barely line up — almost no shared pattern.
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently tighter than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
62.1%
Headline metric
Movement correlation(i)
-3%
Based on values
95% CI
-5% → -1%
Likely range of correlation
Pipeline
Pipeline Summary
13,852 paired data points survived the daily window.
Raw input
13,853
13,874
Normalized
13,853
13,874
Prepared
13,853
13,874
Aligned
13,852
13,852
Invalid removed
R²(i)
0.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,852
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
-3%
No shift — both series at their actual dates.
13,852 overlapping points at this shift
Baseline
-3%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-3%
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
+0%
85 periods · Return correlation when both series rose
Both Falling
+4%
98 periods · Return correlation when both series fell
Diverging
-31%
66 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
23
A: 1 / B: 22
Series A
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,853 raw → 13,853 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,874 raw → 13,874 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
115
Estimated crossover points between normalized spreads.
Slope
-0.0464
Linear regression slope.
Intercept
6.7725
Linear regression intercept.
Saved last week · ID: fred-dexdnus_fred-dexmaus_daily_5y