Correlation
of values
-17%
In sync
of periods
52%
History
monthsmonths · through 2026-02
662
These move opposite each other about 52% of the time
Their swing sizes only faintly mirror each other (~3% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
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.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
51.7%
Headline metric
Movement correlation(i)
-17%
Based on values
95% CI
-24% → -9%
Likely range of correlation
Pipeline
Pipeline Summary
662 paired data points survived the monthly window.
Raw input
998
13,869
Normalized
998
13,869
Prepared
998
664
Aligned
662
662
Invalid removed
R²(i)
2.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
662
Robust
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
No shift
Correlation at this shift
-17%
No shift — both series at their actual dates.
662 overlapping points at this shift
Baseline
-17%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-17%
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
-3%
119 periods · Return correlation when both series rose
Both Falling
-9%
13 periods · Return correlation when both series fell
Diverging
-29%
117 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
338
A: 336 / B: 2
Series A
Total Consumer Credit
TOTALSL
FRED · 998 raw → 998 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
6.8660
Linear regression intercept.
Saved 4 days ago · ID: fred-dexdnus_fred-totalsl_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.