Loading market view
Loading market view
Loading correlations
Correlation
of values
-70%
In sync
of periods
56%
History
monthsmonths · through 2026-07
535
These move in the same direction about 56% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~49% 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
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
56%
Headline metric
Movement correlation(i)
-70%
Based on values
95% CI
-74% → -65%
Likely range of correlation
Pipeline
Pipeline Summary
535 paired data points survived the monthly window.
Raw input
535
13,910
Normalized
535
13,910
Prepared
535
667
Aligned
535
535
Invalid removed
R²(i)
49%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
535
Robust
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-70%
No shift — both series at their actual dates.
535 overlapping points at this shift
Baseline
-70%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-70%
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
+37%
21 periods · Return correlation when both series rose
Both Falling
-37%
15 periods · Return correlation when both series fell
Diverging
-58%
30 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
132
A: 0 / B: 132
Series A
10-Year Real Interest Rate
REAINTRATREARAT10Y
FRED · 535 raw → 535 prepared
Series B
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,910 raw → 667 prepared
Sign agreement
95.3%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.2733
Linear regression slope.
Intercept
4.0262
Linear regression intercept.
Saved 3 months ago · ID: fred-dexmaus_fred-reaintratrearat10y_monthly_5y