Loading market view
Loading market view
Loading correlations
Correlation
of values
+25%
In sync
of periods
49%
History
daysdays · through 2026-08-28
11,403
These move in the same direction about 49% of the time
Their swing sizes only faintly line up (~6% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
49%
Headline metric
Movement correlation(i)
+25%
Based on values
95% CI
+24% → +27%
Pipeline
Pipeline Summary
11,403 paired data points survived the daily window.
Raw input
12,560
11,457
Normalized
12,560
11,457
Prepared
12,560
11,457
Aligned
11,403
11,403
Invalid removed
Likely range of correlation
R²(i)
6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
11,403
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
+25%
No shift — both series at their actual dates.
11,403 overlapping points at this shift
Baseline
+25%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+25%
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
1,211
A: 1157 / B: 54
Series A
10Y-2Y Yield Spread
T10Y2Y
FRED · 12,560 raw → 12,560 prepared
Series B
USD/HKD Exchange Rate
DEXHKUS
FRED · 11,457 raw → 11,457 prepared
Sign agreement
86.4%
How often both values share the same sign.
Zero crossings
139
Estimated crossover points between normalized spreads.
Slope
0.1206
Linear regression slope.
Intercept
7.5737
Linear regression intercept.
Saved 4 months ago · ID: fred-dexhkus_fred-t10y2y_daily_5y