SeriesMagCorrSyncOverlapThrough
Correlation
of values
+80%
In sync
of periods
51%
History
weeksweeks · through 2026-05
303
These move in the same direction about 51% of the time
When one swings, the other often swings by a similar amount (~64% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Job Openings moves ~12 weeks before USD/ZAR Exchange Rate
Watch Job Openings for an early read on USD/ZAR Exchange Rate.
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)
50.7%
Headline metric
Movement correlation(i)
+80%
Based on values
95% CI
+75% → +84%
Likely range of correlation
Pipeline
Pipeline Summary
303 paired data points survived the weekly window.
Raw input
303
11,613
Normalized
303
11,613
Prepared
303
2,417
Aligned
303
303
Invalid removed
R²(i)
63.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
303
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: -12 to 12 weeks.
Selected shift
+12 weeks
Correlation at this shift
+88%
+8% stronger than no-shift baseline
USD/ZAR Exchange Rate shifted 12 weeks earlier. Reads: "Does Job Openings today line up with USD/ZAR Exchange Rate 12 weeks from now?"
291 overlapping points at this shift
Baseline
+80%
No-shift correlation, matching the main time-series chart above.
Peak shift
+12 weeks
+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
+1%
59 periods · Return correlation when both series rose
Both Falling
+20%
60 periods · Return correlation when both series fell
Diverging
-66%
130 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,114
A: 0 / B: 2114
Series A
Job Openings
JTSJOL
FRED · 303 raw → 303 prepared
Series B
USD/ZAR Exchange Rate
DEXSFUS
FRED · 11,613 raw → 2,417 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
3.4095
Linear regression intercept.
Saved 2 days ago · ID: fred-dexsfus_fred-jtsjol_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.