Correlation
of values
+32%
In sync
of periods
52%
History
weeksweeks · through 2026-05
542
These move in the same direction about 52% of the time
Their swing sizes only faintly line up (~10% 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)
52.1%
Headline metric
Movement correlation(i)
+32%
Based on values
95% CI
+24% → +39%
Likely range of correlation
Pipeline
Pipeline Summary
542 paired data points survived the weekly window.
Raw input
998
11,370
Normalized
998
11,370
Prepared
998
2,365
Aligned
542
542
Invalid removed
R²(i)
10.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
542
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+32%
No shift — both series at their actual dates.
542 overlapping points at this shift
Baseline
+32%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+32%
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
-27%
119 periods · Return correlation when both series rose
Both Falling
+45%
17 periods · Return correlation when both series fell
Diverging
-2%
113 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,279
A: 456 / B: 1823
Series A
Total Consumer Credit
TOTALSL
FRED · 998 raw → 998 prepared
Series B
USD/HKD Exchange Rate
DEXHKUS
FRED · 11,370 raw → 2,365 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
7.4705
Linear regression intercept.
Saved 4 days ago · ID: fred-dexhkus_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.