Correlation
of values
+33%
In sync
of periods
54%
History
daysdays · through 2026-04-24
11,255
These move in the same direction about 54% of the time
Their swing sizes only faintly line up (~11% 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
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)
54.5%
Headline metric
Movement correlation(i)
+33%
Based on values
95% CI
+31% → +34%
Likely range of correlation
Pipeline
Pipeline Summary
11,255 paired data points survived the daily window.
Raw input
11,256
11,370
Normalized
11,256
11,370
Prepared
11,256
11,370
Aligned
11,255
11,255
Invalid removed
R²(i)
10.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
11,255
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
+33%
No shift — both series at their actual dates.
11,255 overlapping points at this shift
Baseline
+33%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+33%
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
-12%
79 periods · Return correlation when both series rose
Both Falling
-3%
69 periods · Return correlation when both series fell
Diverging
-20%
101 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
116
A: 1 / B: 115
Series A
USD/KRW Exchange Rate
DEXKOUS
FRED · 11,256 raw → 11,256 prepared
Series B
USD/HKD Exchange Rate
DEXHKUS
FRED · 11,370 raw → 11,370 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.0006
Linear regression slope.
Intercept
7.1132
Linear regression intercept.
Saved 4 days ago · ID: fred-dexhkus_fred-dexkous_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.