SeriesMagCorrSyncOverlapThrough
Correlation
of values
-93%
In sync
of periods
43%
History
weeksweeks · through 2026-01
129
These move opposite each other about 43% of the time
When one swings, the other almost always swings by a closely matched amount in the opposite direction (~87% 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 tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
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.
Explore
Advanced
Statistics
In sync(i)
42.7%
Headline metric
Movement correlation(i)
-93%
Based on values
95% CI
-95% → -91%
Likely range of correlation
Pipeline
Pipeline Summary
129 paired data points survived the weekly window.
Raw input
269
8,138
Normalized
269
8,138
Prepared
269
1,694
Aligned
129
129
Invalid removed
R²(i)
87.1%
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
No shift
Correlation at this shift
-93%
No shift — both series at their actual dates.
129 overlapping points at this shift
Baseline
-93%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-93%
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
-17%
25 periods · Return correlation when both series rose
Both Falling
-12%
28 periods · Return correlation when both series fell
Diverging
-78%
75 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,705
A: 140 / B: 1565
Series A
Velocity of M2 Money Stock
M2V
FRED · 269 raw → 269 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
11
Estimated crossover points between normalized spreads.
Slope
-13.6360
Linear regression slope.
Intercept
36.9715
Linear regression intercept.
Saved 2 days ago · ID: fred-dexmxus_fred-m2v_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.