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Correlation
of values
+83%
In sync
of periods
54%
History
daysdays · through 2026-06-05
2,484
These move in the same direction about 54% 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.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
54.4%
Headline metric
Movement correlation(i)
+83%
Based on values
95% CI
+82% → +84%
Likely range of correlation
Pipeline
Pipeline Summary
2,484 paired data points survived the daily window.
Raw input
2,513
13,893
Normalized
2,513
13,893
Prepared
2,513
13,893
Aligned
2,484
2,484
Invalid removed
R²(i)
69.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
2,484
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.
2,484 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
+26%
13 periods · Return correlation when both series rose
Both Falling
+70%
9 periods · Return correlation when both series fell
Diverging
-55%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,438
A: 29 / B: 11409
Series A
Dow Jones Industrial Average
DJIA
FRED · 2,513 raw → 2,513 prepared
Series B
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,893 raw → 13,893 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0019
Linear regression slope.
Intercept
63.9431
Linear regression intercept.
Saved last month · ID: fred-dexjpus_fred-djia_daily_5y