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Correlation
of values
+51%
In sync
of periods
50%
History
weeksweeks · through 2026-22
2,889
These move in the same direction about 50% of the time
Their swing sizes loosely line up (~26% 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.
Advanced
Statistics
In sync(i)
50.5%
Headline metric
Movement correlation(i)
+51%
Based on values
95% CI
+49% → +54%
Pipeline
Pipeline Summary
2,889 paired data points survived the weekly window.
Raw input
2,891
13,893
Normalized
2,891
13,893
Prepared
2,891
2,890
Aligned
2,889
2,889
Invalid removed
Likely range of correlation
R²(i)
26.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
2,889
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+51%
No shift — both series at their actual dates.
2,889 overlapping points at this shift
Baseline
+51%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+51%
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
3
A: 2 / B: 1
Series A
Chicago Financial Conditions
NFCI
FRED · 2,891 raw → 2,891 prepared
Series B
USD/JPY Exchange Rate
DEXJPUS
FRED · 13,893 raw → 2,890 prepared
Sign agreement
29.3%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
35.5560
Linear regression slope.
Intercept
156.3360
Linear regression intercept.
Saved 2 months ago · ID: fred-dexjpus_fred-nfci_weekly_5y