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Correlation
of values
+91%
In sync
of periods
47%
History
daysdays · through 2026-06-05
2,484
These move in the same direction about 47% of the time
When one swings, the other almost always swings by a closely matched amount (~83% 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.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
46.7%
Headline metric
Movement correlation(i)
+91%
Based on values
95% CI
+91% → +92%
Likely range of correlation
Pipeline
Pipeline Summary
2,484 paired data points survived the daily window.
Raw input
2,513
13,391
Normalized
2,513
13,391
Prepared
2,513
13,391
Aligned
2,484
2,484
Invalid removed
R²(i)
83.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
2,484
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
+91%
No shift — both series at their actual dates.
2,484 overlapping points at this shift
Baseline
+91%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+91%
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%
11 periods · Return correlation when both series rose
Both Falling
+45%
8 periods · Return correlation when both series fell
Diverging
-76%
15 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,936
A: 29 / B: 10907
Series A
Dow Jones Industrial Average
DJIA
FRED · 2,513 raw → 2,513 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,391 raw → 13,391 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0009
Linear regression slope.
Intercept
48.3224
Linear regression intercept.
Saved last month · ID: fred-dexinus_fred-djia_daily_5y