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Correlation
of values
+92%
In sync
of periods
81%
History
daysdays · through 2026-08-28
5,152
These move in the same direction about 81% of the time
When one swings, the other almost always swings by a closely matched amount (~84% 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)
81%
Headline metric
Movement correlation(i)
+92%
Based on values
95% CI
+91% → +92%
Pipeline
Pipeline Summary
5,152 paired data points survived the daily window.
Raw input
5,179
13,956
Normalized
5,179
13,956
Prepared
5,179
13,956
Aligned
5,152
5,152
Invalid removed
Likely range of correlation
R²(i)
84%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
5,152
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.
5,152 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.
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 · 5,179 raw → 5,179 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,956 raw → 13,956 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.0476
Linear regression slope.
Intercept
1.1037
Linear regression intercept.
Saved 4 months ago · ID: fred-dexdnus_fred-dtwexbgs_daily_5y