Loading market view
Loading market view
Loading correlations
Correlation
of values
-34%
In sync
of periods
51%
History
daysdays · through 2026-05-15
13,815
These move in the same direction about 51% of the time
Their swing sizes only faintly mirror each other (~12% 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.
Advanced
Statistics
In sync(i)
51.1%
Headline metric
Movement correlation(i)
-34%
Based on values
95% CI
-36% → -33%
Pipeline
Pipeline Summary
13,815 paired data points survived the daily window.
Raw input
16,081
13,884
Normalized
16,081
13,884
Prepared
16,081
13,884
Aligned
13,815
13,815
Invalid removed
Likely range of correlation
R²(i)
11.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,815
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
-34%
No shift — both series at their actual dates.
13,815 overlapping points at this shift
Baseline
-34%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-34%
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
2,335
A: 2266 / B: 69
Series A
10Y Treasury Yield
DGS10
FRED · 16,081 raw → 16,081 prepared
Series B
USD/NOK Exchange Rate
DEXNOUS
FRED · 13,884 raw → 13,884 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
53
Estimated crossover points between normalized spreads.
Slope
-0.1623
Linear regression slope.
Intercept
8.0552
Linear regression intercept.
Saved 3 weeks ago · ID: fred-dexnous_fred-dgs10_daily_5y