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Correlation
of values
+91%
In sync
of periods
65%
History
daysdays · through 2026-09-04
5,156
These move in the same direction about 65% of the time
When one swings, the other almost always swings by a closely matched amount (~82% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
65%
Headline metric
Movement correlation(i)
+91%
Based on values
95% CI
+90% → +91%
Pipeline
Pipeline Summary
5,156 paired data points survived the daily window.
Raw input
5,184
13,454
Normalized
5,184
13,454
Prepared
5,184
13,454
Aligned
5,156
5,156
Invalid removed
Likely range of correlation
R²(i)
82%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
5,156
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.
5,156 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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,326
A: 28 / B: 8298
Series A
US Dollar Index
DTWEXBGS
FRED · 5,184 raw → 5,184 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,454 raw → 13,454 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
77
Estimated crossover points between normalized spreads.
Slope
1.1193
Linear regression slope.
Intercept
-55.2620
Linear regression intercept.
Saved 4 months ago · ID: fred-dexinus_fred-dtwexbgs_daily_5y