Loading market view
Loading market view
Loading correlations
Correlation
of values
+31%
In sync
of periods
64%
History
monthsmonths · through 2026-04
13
These move in the same direction about 64% of the time
Their swing sizes only faintly line up (~10% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
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/JPY Exchange Rate
Watch Existing Home Sales for an early read on USD/JPY Exchange Rate.
Advanced
Statistics
In sync(i)
63.6%
Headline metric
Movement correlation(i)
+31%
Based on values
95% CI
-29% → +74%
Pipeline
Pipeline Summary
13 paired data points survived the monthly window.
Raw input
13
13,879
Normalized
13
13,879
Prepared
13
665
Aligned
13
13
Invalid removed
Likely range of correlation
R²(i)
9.7%
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
+58%
+27% stronger than no-shift baseline
USD/JPY Exchange Rate shifted 3 months earlier. Reads: "Does Existing Home Sales today line up with USD/JPY Exchange Rate 3 months from now?"
10 overlapping points at this shift
Baseline
+31%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 months
+58%
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
-16%
6 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-38%
5 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
652
A: 0 / B: 652
Series A
Existing Home Sales
EXHOSLUSM495S
FRED · 13 raw → 13 prepared
Series B
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,879 raw → 665 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
57.5005
Linear regression intercept.
Saved 3 weeks ago · ID: fred-dexjpus_fred-exhoslusm495s_monthly_5y