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Correlation
of values
+83%
In sync
of periods
47%
History
daysdays · through 2026-07-02
13,331
These move in the same direction about 47% of the time
When one swings, the other almost always swings by a closely matched amount (~69% 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)
47%
Headline metric
Movement correlation(i)
+83%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
13,331 paired data points survived the daily window.
Raw input
13,971
13,409
Normalized
13,971
13,409
Prepared
13,971
13,409
Aligned
13,331
13,331
Invalid removed
Likely range
R²(i)
69%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
13,331
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
+83%
No shift — both series at their actual dates.
13,331 overlapping points at this shift
Baseline
+83%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+83%
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
718
A: 640 / B: 78
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,971 raw → 13,971 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,409 raw → 13,409 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
23
Estimated crossover points between normalized spreads.
Slope
0.0041
Linear regression slope.
Intercept
24.8230
Linear regression intercept.
Saved 3 months ago · ID: fred-dexinus_fred-nasdaqcom_daily_5y