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Correlation
of values
-64%
In sync
of periods
43%
History
daysdays · through 2026-07-02
8,185
These move in the same direction about 43% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~41% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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)
43%
Headline metric
Movement correlation(i)
-64%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
8,185 paired data points survived the daily window.
Raw input
13,917
8,185
Normalized
13,917
8,185
Prepared
13,917
8,185
Aligned
8,185
8,185
Invalid removed
Likely range
R²(i)
41%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
8,185
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
-64%
No shift — both series at their actual dates.
8,185 overlapping points at this shift
Baseline
-64%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-64%
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
5,732
A: 5732 / B: 0
Series A
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,917 raw → 13,917 prepared
Series B
USD/MXN Exchange Rate
DEXMXUS
FRED · 8,185 raw → 8,185 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
67
Estimated crossover points between normalized spreads.
Slope
-14.8490
Linear regression slope.
Intercept
36.0355
Linear regression intercept.
Saved 3 months ago · ID: fred-dexmxus_fred-dexusuk_daily_5y