SeriesMagCorrSyncOverlapThrough
Correlation
of values
-74%
In sync
of periods
36%
History
daysdays · through 2026-04-24
13,853
These move opposite each other about 36% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~54% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Explore
Advanced
Statistics
In sync(i)
35.5%
Headline metric
Movement correlation(i)
-74%
Based on values
95% CI
-75% → -73%
Likely range of correlation
Pipeline
Pipeline Summary
13,853 paired data points survived the daily window.
Raw input
13,869
13,854
Normalized
13,869
13,854
Prepared
13,869
13,854
Aligned
13,853
13,853
Invalid removed
R²(i)
54.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
13,853
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
-74%
No shift — both series at their actual dates.
13,853 overlapping points at this shift
Baseline
-74%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-74%
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
+3%
29 periods · Return correlation when both series rose
Both Falling
+12%
37 periods · Return correlation when both series fell
Diverging
-77%
183 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
17
A: 16 / B: 1
Series A
USD/SEK Exchange Rate
DEXSDUS
FRED · 13,869 raw → 13,869 prepared
Series B
NZD/USD Exchange Rate
DEXUSNZ
FRED · 13,854 raw → 13,854 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
87
Estimated crossover points between normalized spreads.
Slope
-0.0899
Linear regression slope.
Intercept
1.3757
Linear regression intercept.
Saved 4 days ago · ID: fred-dexsdus_fred-dexusnz_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.