SeriesMagCorrSyncOverlapThrough
Correlation
-15%
of values
In sync
47%
of periods
History
221
months · through 2026-01
These move opposite each other about 47% of the time
Their swing sizes only faintly mirror each other (~2% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
USD/DKK Exchange Rate moves ~17 months before US GDP
Watch USD/DKK Exchange Rate for an early read on US GDP.
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)
47.3%
Headline metric
Movement correlation(i)
-15%
Based on values
95% CI
-28% → -2%
Pipeline
Pipeline Summary
221 paired data points survived the monthly window.
Raw input
317
13,869
Normalized
317
13,869
Prepared
317
664
Aligned
221
221
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)
2.4%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
221
Usable
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: -18 to 18 months.
Selected shift
-17 months
Correlation at this shift
-22%
+6% stronger than no-shift baseline
USD/DKK Exchange Rate shifted 17 months later. Reads: "Does US GDP today line up with USD/DKK Exchange Rate 17 months ago?"
204 overlapping points at this shift
Baseline
-15%
No-shift correlation, matching the main time-series chart above.
Peak shift
-17 months
-22%
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
-14%
101 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-16%
116 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
539
A: 96 / B: 443
Series A
US GDP
GDP
FRED · 317 raw → 317 prepared
Series B
USD/DKK Exchange Rate
DEXDNUS
FRED · 13,869 raw → 664 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0000
Linear regression slope.
Intercept
6.8651
Linear regression intercept.
Saved yesterday · ID: fred-dexdnus_fred-gdp_5y