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Correlation
of values
+63%
In sync
of periods
48%
History
daysdays · through 2026-07-02
13,810
These move in the same direction about 48% of the time
When one swings, the other often swings by a similar amount (~40% 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)
48%
Headline metric
Movement correlation(i)
+63%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
13,810 paired data points survived the daily window.
Raw input
13,971
13,916
Normalized
13,971
13,916
Prepared
13,971
13,916
Aligned
13,810
13,810
Invalid removed
Likely range
R²(i)
40%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
13,810
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
+63%
No shift — both series at their actual dates.
13,810 overlapping points at this shift
Baseline
+63%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+63%
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
267
A: 161 / B: 106
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,971 raw → 13,971 prepared
Series B
USD/SEK Exchange Rate
DEXSDUS
FRED · 13,916 raw → 13,916 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
0.0002
Linear regression slope.
Intercept
6.4317
Linear regression intercept.
Saved 3 months ago · ID: fred-dexsdus_fred-nasdaqcom_daily_5y