SeriesMagCorrSyncOverlapThrough
Correlation
of values
+89%
In sync
of periods
49%
History
weeksweeks · through 2026-01
129
These move in the same direction about 49% of the time
When one swings, the other almost always swings by a closely matched amount (~78% 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.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
USD/MXN Exchange Rate moves ~12 weeks before Gross Domestic Product: Implicit Price Deflator
Watch USD/MXN Exchange Rate for an early read on Gross Domestic Product: Implicit Price Deflator.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
49.2%
Headline metric
Movement correlation(i)
+89%
Based on values
95% CI
+84% → +92%
Pipeline
Pipeline Summary
129 paired data points survived the weekly window.
Raw input
317
8,138
Normalized
317
8,138
Prepared
317
1,694
Aligned
129
129
Invalid removed
Likely range of correlation
R²(i)
78.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
129
Usable
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
-12 weeks
Correlation at this shift
+95%
+6% stronger than no-shift baseline
USD/MXN Exchange Rate shifted 12 weeks later. Reads: "Does Gross Domestic Product: Implicit Price Deflator today line up with USD/MXN Exchange Rate 12 weeks ago?"
117 overlapping points at this shift
Baseline
+89%
No-shift correlation, matching the main time-series chart above.
Peak shift
-12 weeks
+95%
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
-10%
63 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-49%
65 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,753
A: 188 / B: 1565
Series A
Gross Domestic Product: Implicit Price Deflator
GDPDEF
FRED · 317 raw → 317 prepared
Series B
USD/MXN Exchange Rate
DEXMXUS
FRED · 8,138 raw → 1,694 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.2355
Linear regression slope.
Intercept
-8.0822
Linear regression intercept.
Saved 2 days ago · ID: fred-dexmxus_fred-gdpdef_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.