Correlation
of values
+92%
In sync
of periods
80%
History
daysdays · through 2026-04-24
5,065
These move in the same direction about 80% of the time
When one swings, the other almost always swings by a closely matched amount (~85% 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.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Explore
Advanced
Statistics
In sync(i)
80.4%
Headline metric
Movement correlation(i)
+92%
Based on values
95% CI
+92% → +92%
Likely range of correlation
Pipeline
Pipeline Summary
5,065 paired data points survived the daily window.
Raw input
5,092
13,869
Normalized
5,092
13,869
Prepared
5,092
13,869
Aligned
5,065
5,065
Invalid removed
R²(i)
84.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,065
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
+92%
No shift — both series at their actual dates.
5,065 overlapping points at this shift
Baseline
+92%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+92%
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
+81%
112 periods · Return correlation when both series rose
Both Falling
+83%
114 periods · Return correlation when both series fell
Diverging
-34%
23 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,831
A: 27 / B: 8804
Series A
US Dollar Index
DTWEXBGS
FRED · 5,092 raw → 5,092 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,869 raw → 13,869 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.0480
Linear regression slope.
Intercept
1.0578
Linear regression intercept.
Saved 2 days ago · ID: fred-dexdnus_fred-dtwexbgs_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.