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Correlation
of values
+18%
In sync
of periods
45%
History
monthsmonths · through 2026-04
13
These move in the same direction about 45% of the time
Their swing sizes only faintly line up (~3% 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
Existing Home Sales moves ~3 months before USD/INR Exchange Rate
Watch Existing Home Sales for an early read on USD/INR Exchange Rate.
Advanced
Statistics
In sync(i)
45.5%
Headline metric
Movement correlation(i)
+18%
Based on values
95% CI
-41% → +67%
Pipeline
Pipeline Summary
13 paired data points survived the monthly window.
Raw input
13
13,377
Normalized
13
13,377
Prepared
13
641
Aligned
13
13
Invalid removed
Likely range of correlation
R²(i)
3.3%
Variance explained
Significance
n.s.
Statistical confidence
Data points
13
Limited
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: -3 to 3 months.
Selected shift
+3 months
Correlation at this shift
+57%
+39% stronger than no-shift baseline
USD/INR Exchange Rate shifted 3 months earlier. Reads: "Does Existing Home Sales today line up with USD/INR Exchange Rate 3 months from now?"
10 overlapping points at this shift
Baseline
+18%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 months
+57%
A non-zero peak suggests one series lines up better when shifted against the other.
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
+73%
5 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-54%
7 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
628
A: 0 / B: 628
Series A
Existing Home Sales
EXHOSLUSM495S
FRED · 13 raw → 13 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,377 raw → 641 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.0000
Linear regression slope.
Intercept
62.3744
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexinus_fred-exhoslusm495s_monthly_5y