SeriesMagCorrSyncOverlapThrough
Correlation
-28%
of values
In sync
41%
of periods
History
10,380
days · through 2026-04-24
These move opposite each other about 41% of the time
Their swing sizes only faintly mirror each other (~8% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Advanced
Statistics
In sync(i)
41.1%
Headline metric
Movement correlation(i)
-28%
Based on values
95% CI
-30% → -26%
Likely range of correlation
Pipeline
Pipeline Summary
10,380 paired data points survived the daily window.
Raw input
10,383
13,854
Normalized
10,383
13,854
Prepared
10,383
13,854
Aligned
10,380
10,380
Invalid removed
Explore
R²(i)
8.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
10,380
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
-28%
No shift — both series at their actual dates.
10,380 overlapping points at this shift
Baseline
-28%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-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.
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
-5%
30 periods · Return correlation when both series rose
Both Falling
+7%
37 periods · Return correlation when both series fell
Diverging
-70%
182 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
3,477
A: 3 / B: 3474
Series A
USD/TWD Exchange Rate
DEXTAUS
FRED · 10,383 raw → 10,383 prepared
Series B
NZD/USD Exchange Rate
DEXUSNZ
FRED · 13,854 raw → 13,854 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
72
Estimated crossover points between normalized spreads.
Slope
-0.0086
Linear regression slope.
Intercept
0.9012
Linear regression intercept.
Saved 3 days ago · ID: fred-dextaus_fred-dexusnz_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.