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Correlation
of values
-38%
In sync
of periods
35%
History
daysdays · through 2026-06-05
13,882
These move in the same direction about 35% of the time
Their swing sizes only faintly mirror each other (~14% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
35.1%
Headline metric
Movement correlation(i)
-38%
Based on values
95% CI
-39% → -36%
Pipeline
Pipeline Summary
13,882 paired data points survived the daily window.
Raw input
13,883
13,898
Normalized
13,883
13,898
Prepared
13,883
13,898
Aligned
13,882
13,882
Invalid removed
Likely range of correlation
R²(i)
14.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,882
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
-38%
No shift — both series at their actual dates.
13,882 overlapping points at this shift
Baseline
-38%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-38%
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
17
A: 1 / B: 16
Series A
NZD/USD Exchange Rate
DEXUSNZ
FRED · 13,883 raw → 13,883 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,898 raw → 13,898 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
200
Estimated crossover points between normalized spreads.
Slope
-2.0054
Linear regression slope.
Intercept
8.0859
Linear regression intercept.
Saved last month · ID: fred-dexdnus_fred-dexusnz_daily_5y