SeriesMagCorrSyncOverlapThrough
Correlation
of values
-64%
In sync
of periods
41%
History
daysdays · through 2026-04-24
13,362
These move opposite each other about 41% of the time
Their swing sizes loosely mirror each other (~41% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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)
40.8%
Headline metric
Movement correlation(i)
-64%
Based on values
95% CI
-65% → -63%
Likely range of correlation
Pipeline
Pipeline Summary
13,362 paired data points survived the daily window.
Raw input
13,870
13,362
Normalized
13,870
13,362
Prepared
13,870
13,362
Aligned
13,362
13,362
Invalid removed
R²(i)
41.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,362
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
-64%
No shift — both series at their actual dates.
13,362 overlapping points at this shift
Baseline
-64%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-64%
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
-36%
48 periods · Return correlation when both series rose
Both Falling
-17%
37 periods · Return correlation when both series fell
Diverging
-53%
164 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
508
A: 508 / B: 0
Series A
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,870 raw → 13,870 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 13,362 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-52.7485
Linear regression slope.
Intercept
125.3404
Linear regression intercept.
Saved 4 days ago · ID: fred-dexinus_fred-dexusuk_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.