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Correlation
of values
+32%
In sync
of periods
50%
History
daysdays · through 2026-07-02
10,407
These move in the same direction about 50% of the time
Their swing sizes only faintly line up (~10% 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)
50%
Headline metric
Movement correlation(i)
+32%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
10,407 paired data points survived the daily window.
Raw input
15,162
11,660
Normalized
15,162
11,660
Prepared
15,162
11,660
Aligned
10,407
10,407
Invalid removed
Likely range
R²(i)
10%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
10,407
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
+32%
No shift — both series at their actual dates.
10,407 overlapping points at this shift
Baseline
+32%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+32%
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
N/A
1 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-9%
5 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
6,008
A: 4755 / B: 1253
Series A
US Economic Policy Uncertainty
USEPUINDXD
FRED · 15,162 raw → 15,162 prepared
Series B
USD/ZAR Exchange Rate
DEXSFUS
FRED · 11,660 raw → 11,660 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2,754
Estimated crossover points between normalized spreads.
Slope
0.0179
Linear regression slope.
Intercept
6.3955
Linear regression intercept.
Saved 3 months ago · ID: fred-dexsfus_fred-usepuindxd_daily_5y