Correlation
-99%
of values
In sync
2%
of periods
History
6,849
days · through 2026-04-24
These move opposite each other about 2% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~97% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
2.1%
Headline metric
Movement correlation(i)
-99%
Based on values
95% CI
-99% → -98%
Pipeline
Pipeline Summary
6,849 paired data points survived the daily window.
Raw input
6,849
13,869
Normalized
6,849
13,869
Prepared
6,849
13,869
Aligned
6,849
6,849
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
Likely range of correlation
R²(i)
97.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
6,849
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
-99%
No shift — both series at their actual dates.
6,849 overlapping points at this shift
Baseline
-99%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-99%
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
N/A
0 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-96%
249 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
7,020
A: 0 / B: 7020
Series A
DEXUSEU
FRED · 6,849 raw → 6,849 prepared
Series B
DEXDNUS
FRED · 13,869 raw → 13,869 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
62
Estimated crossover points between normalized spreads.
Slope
-5.4956
Linear regression slope.
Intercept
12.9063
Linear regression intercept.
Saved 5 hours ago · ID: fred-dexdnus_fred-dexuseu_5y