Loading market view
Loading market view
Loading correlations
Correlation
of values
+21%
In sync
of periods
50%
History
monthsmonths · through 2026-01
221
These move in the same direction about 50% of the time
Their swing sizes only faintly line up (~4% 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.
What to Watch
Velocity of M2 Money Stock moves ~14 months before USD/CHF Exchange Rate
Watch Velocity of M2 Money Stock for an early read on USD/CHF Exchange Rate.
Advanced
Statistics
In sync(i)
50.5%
Headline metric
Movement correlation(i)
+21%
Based on values
95% CI
+8% → +33%
Pipeline
Pipeline Summary
221 paired data points survived the monthly window.
Raw input
269
13,885
Normalized
269
13,885
Prepared
269
665
Aligned
221
221
Invalid removed
Likely range of correlation
R²(i)
4.3%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
221
Usable
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
+14 months
Correlation at this shift
+28%
+7% stronger than no-shift baseline
USD/CHF Exchange Rate shifted 14 months earlier. Reads: "Does Velocity of M2 Money Stock today line up with USD/CHF Exchange Rate 14 months from now?"
207 overlapping points at this shift
Baseline
+21%
No-shift correlation, matching the main time-series chart above.
Peak shift
+14 months
+28%
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
492
A: 48 / B: 444
Series A
Velocity of M2 Money Stock
M2V
FRED · 269 raw → 269 prepared
Series B
USD/CHF Exchange Rate
DEXSZUS
FRED · 13,885 raw → 665 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
0.5972
Linear regression slope.
Intercept
0.5172
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexszus_fred-m2v_monthly_5y