SeriesMagCorrSyncOverlapThrough
Correlation
+83%
of values
In sync
47%
of periods
History
13,284
days · through 2026-04-24
These move in the same direction about 47% of the time
When one swings, the other often swings by a similar amount (~69% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
46.8%
Headline metric
Movement correlation(i)
+83%
Based on values
95% CI
+82% → +83%
Likely range of correlation
Pipeline
Pipeline Summary
13,284 paired data points survived the daily window.
Raw input
13,927
13,362
Normalized
13,927
13,362
Prepared
13,927
13,362
Aligned
13,284
13,284
Invalid removed
Explore
R²(i)
68.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,284
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.
13,284 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.
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
+8%
75 periods · Return correlation when both series rose
Both Falling
+35%
30 periods · Return correlation when both series fell
Diverging
-52%
144 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
721
A: 643 / B: 78
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,927 raw → 13,927 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 13,362 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.0042
Linear regression slope.
Intercept
24.5419
Linear regression intercept.
Saved 2 days ago · ID: fred-dexinus_fred-nasdaqcom_5y
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.