SeriesMagCorrSyncOverlapThrough
Correlation
-42%
of values
In sync
42%
of periods
History
638
months · through 2026-03
These move opposite each other about 42% of the time
Their swing sizes loosely mirror each other (~18% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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)
42.2%
Headline metric
Movement correlation(i)
-42%
Based on values
95% CI
-48% → -35%
Likely range of correlation
Pipeline
Pipeline Summary
638 paired data points survived the monthly window.
Raw input
938
13,010
Normalized
938
13,010
Prepared
938
640
Aligned
638
638
Invalid removed
Explore
R²(i)
17.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
638
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-42%
No shift — both series at their actual dates.
638 overlapping points at this shift
Baseline
-42%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-42%
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
+41%
53 periods · Return correlation when both series rose
Both Falling
+1%
38 periods · Return correlation when both series fell
Diverging
-11%
158 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
302
A: 300 / B: 2
Series A
Unemployment Rate
UNRATE
FRED · 938 raw → 938 prepared
Series B
USD/LKR Exchange Rate
DEXSLUS
FRED · 13,010 raw → 640 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-19.8600
Linear regression slope.
Intercept
213.3155
Linear regression intercept.
Saved 2 days ago · ID: fred-dexslus_fred-unrate_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.