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Correlation
of values
-30%
In sync
of periods
52%
History
daysdays · through 2026-05-15
13,773
These move in the same direction about 52% of the time
Their swing sizes only faintly mirror each other (~9% 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)
52.2%
Headline metric
Movement correlation(i)
-30%
Based on values
95% CI
-31% → -28%
Pipeline
Pipeline Summary
13,773 paired data points survived the daily window.
Raw input
13,941
13,879
Normalized
13,941
13,879
Prepared
13,941
13,879
Aligned
13,773
13,773
Invalid removed
Likely range of correlation
R²(i)
8.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,773
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
-30%
No shift — both series at their actual dates.
13,773 overlapping points at this shift
Baseline
-30%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-30%
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
274
A: 168 / B: 106
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,941 raw → 13,941 prepared
Series B
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,879 raw → 13,879 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
169.5288
Linear regression intercept.
Saved 3 weeks ago · ID: fred-dexjpus_fred-nasdaqcom_daily_5y