SeriesMagCorrSyncOverlapThrough
Correlation
-65%
of values
In sync
46%
of periods
History
543
weeks · through 2026-09
These move opposite each other about 46% of the time
Their swing sizes loosely mirror each other (~42% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
45.8%
Headline metric
Movement correlation(i)
-65%
Based on values
95% CI
-69% → -60%
Likely range of correlation
Pipeline
Pipeline Summary
543 paired data points survived the weekly window.
Raw input
963
11,369
Normalized
963
11,369
Prepared
963
2,365
Aligned
543
543
Invalid removed
Explore
R²(i)
42.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
543
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
No shift
Correlation at this shift
-65%
No shift — both series at their actual dates.
543 overlapping points at this shift
Baseline
-65%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-65%
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
-28%
50 periods · Return correlation when both series rose
Both Falling
-3%
55 periods · Return correlation when both series fell
Diverging
-64%
144 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,242
A: 420 / B: 1822
Series A
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 963 raw → 963 prepared
Series B
USD/SGD Exchange Rate
DEXSIUS
FRED · 11,369 raw → 2,365 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.0068
Linear regression slope.
Intercept
1.9290
Linear regression intercept.
Saved 2 days ago · ID: fred-dexsius_fred-wtisplc_5y
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.