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Correlation
of values
+78%
In sync
of periods
66%
History
daysdays · through 2026-07-02
5,112
These move in the same direction about 66% of the time
When one swings, the other often swings by a similar amount (~60% 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)
66%
Headline metric
Movement correlation(i)
+78%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
5,112 paired data points survived the daily window.
Raw input
13,911
5,139
Normalized
13,911
5,139
Prepared
13,911
5,139
Aligned
5,112
5,112
Invalid removed
Likely range
R²(i)
60%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
5,112
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
+78%
No shift — both series at their actual dates.
5,112 overlapping points at this shift
Baseline
+78%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+78%
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
-84%
5 periods · Return correlation when both series rose
Both Falling
N/A
2 periods · Return correlation when both series fell
Diverging
N/A
0 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
8,826
A: 8799 / B: 27
Series A
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,911 raw → 13,911 prepared
Series B
US Dollar Index
DTWEXAFEGS
FRED · 5,139 raw → 5,139 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
48
Estimated crossover points between normalized spreads.
Slope
0.4011
Linear regression slope.
Intercept
56.7476
Linear regression intercept.
Saved 3 months ago · ID: fred-dexjpus_fred-dtwexafegs_daily_5y