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Correlation
of values
-72%
In sync
of periods
51%
History
daysdays · through 2026-08-28
13,383
These move in the same direction about 51% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~52% 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)
51%
Headline metric
Movement correlation(i)
-72%
Based on values
95% CI
-73% → -72%
Pipeline
Pipeline Summary
13,383 paired data points survived the daily window.
Raw input
16,151
13,449
Normalized
16,151
13,449
Prepared
16,151
13,449
Aligned
13,383
13,383
Invalid removed
Likely range of correlation
R²(i)
52%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
13,383
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
-72%
No shift — both series at their actual dates.
13,383 overlapping points at this shift
Baseline
-72%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-72%
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
2,834
A: 2768 / B: 66
Series A
1Y Treasury Yield
DGS1
FRED · 16,151 raw → 16,151 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,449 raw → 13,449 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-4.9613
Linear regression slope.
Intercept
63.1260
Linear regression intercept.
Saved 4 months ago · ID: fred-dexinus_fred-dgs1_daily_5y