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Correlation
of values
-61%
In sync
of periods
49%
History
monthsmonths · through 2026-03
231
These move in the same direction about 49% of the time
Their swing sizes loosely mirror each other (~38% 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
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.
Advanced
Statistics
In sync(i)
49.1%
Headline metric
Movement correlation(i)
-61%
Based on values
95% CI
-69% → -53%
Likely range of correlation
Pipeline
Pipeline Summary
231 paired data points survived the monthly window.
Raw input
231
13,885
Normalized
231
13,885
Prepared
231
665
Aligned
231
231
Invalid removed
R²(i)
37.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
231
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
No shift
Correlation at this shift
-61%
No shift — both series at their actual dates.
231 overlapping points at this shift
Baseline
-61%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-61%
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
+7%
82 periods · Return correlation when both series rose
Both Falling
+1%
31 periods · Return correlation when both series fell
Diverging
-15%
117 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
434
A: 0 / B: 434
Series A
Real Personal Consumption
PCEC96
FRED · 231 raw → 231 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
3
Estimated crossover points between normalized spreads.
Slope
-0.0000
Linear regression slope.
Intercept
1.3901
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexszus_fred-pcec96_monthly_5y