Loading market view
Loading market view
Loading correlations
Correlation
of values
+78%
In sync
of periods
55%
History
monthsmonths · through 2026-03
304
These move in the same direction about 55% of the time
When one swings, the other often swings by a similar amount (~60% 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.
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 ~18 months before Job Openings
Watch USD/MXN Exchange Rate for an early read on Job Openings.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
55.4%
Headline metric
Movement correlation(i)
+78%
Based on values
95% CI
+73% → +82%
Likely range of correlation
Pipeline
Pipeline Summary
304 paired data points survived the monthly window.
Raw input
304
8,143
Normalized
304
8,143
Prepared
304
391
Aligned
304
304
Invalid removed
R²(i)
60.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
304
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
-18 months
Correlation at this shift
+88%
+11% stronger than no-shift baseline
USD/MXN Exchange Rate shifted 18 months later. Reads: "Does Job Openings today line up with USD/MXN Exchange Rate 18 months ago?"
286 overlapping points at this shift
Baseline
+78%
No-shift correlation, matching the main time-series chart above.
Peak shift
-18 months
+88%
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
+6%
67 periods · Return correlation when both series rose
Both Falling
+3%
67 periods · Return correlation when both series fell
Diverging
-78%
115 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
87
A: 0 / B: 87
Series A
Job Openings
JTSJOL
FRED · 304 raw → 304 prepared
Series B
USD/MXN Exchange Rate
DEXMXUS
FRED · 8,143 raw → 391 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
0.0014
Linear regression slope.
Intercept
7.4702
Linear regression intercept.
Saved 2 days ago · ID: fred-dexmxus_fred-jtsjol_monthly_5y