Correlation
of values
+87%
In sync
of periods
61%
History
daysdays · through 2026-04-24
5,064
These move in the same direction about 61% of the time
When one swings, the other almost always swings by a closely matched amount (~75% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Explore
Advanced
Statistics
In sync(i)
60.9%
Headline metric
Movement correlation(i)
+87%
Based on values
95% CI
+86% → +87%
Likely range of correlation
Pipeline
Pipeline Summary
5,064 paired data points survived the daily window.
Raw input
13,362
5,092
Normalized
13,362
5,092
Prepared
13,362
5,092
Aligned
5,064
5,064
Invalid removed
R²(i)
75.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,064
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
+87%
No shift — both series at their actual dates.
5,064 overlapping points at this shift
Baseline
+87%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+87%
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%
104 periods · Return correlation when both series rose
Both Falling
+19%
97 periods · Return correlation when both series fell
Diverging
-36%
48 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,326
A: 8298 / B: 28
Series A
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 13,362 prepared
Series B
US Dollar Index
DTWEXAFEGS
FRED · 5,092 raw → 5,092 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
81
Estimated crossover points between normalized spreads.
Slope
0.6406
Linear regression slope.
Intercept
61.3199
Linear regression intercept.
Saved 4 days ago · ID: fred-dexinus_fred-dtwexafegs_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.