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Correlation
of values
+48%
In sync
of periods
54%
History
daysdays · through 2026-07-24
8,200
These move in the same direction about 54% of the time
Their swing sizes loosely line up (~23% 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.
Advanced
Statistics
In sync(i)
54%
Headline metric
Movement correlation(i)
+48%
Based on values
95% CI
+46% → +49%
Pipeline
Pipeline Summary
8,200 paired data points survived the daily window.
Raw input
8,200
11,432
Normalized
8,200
11,432
Prepared
8,200
11,432
Aligned
8,200
8,200
Invalid removed
Likely range of correlation
R²(i)
23%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
8,200
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
+48%
No shift — both series at their actual dates.
8,200 overlapping points at this shift
Baseline
+48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+48%
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
3,232
A: 0 / B: 3232
Series A
USD/MXN Exchange Rate
DEXMXUS
FRED · 8,200 raw → 8,200 prepared
Series B
USD/HKD Exchange Rate
DEXHKUS
FRED · 11,432 raw → 11,432 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
73
Estimated crossover points between normalized spreads.
Slope
0.0033
Linear regression slope.
Intercept
7.7342
Linear regression intercept.
Saved 3 months ago · ID: fred-dexhkus_fred-dexmxus_daily_5y