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Correlation
of values
+21%
In sync
of periods
49%
History
monthsmonths · through 2026-03
510
These move in the same direction about 49% 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.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Total Vehicle Sales moves ~18 months before USD/TWD Exchange Rate
Watch Total Vehicle Sales for an early read on USD/TWD Exchange Rate.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Advanced
Statistics
In sync(i)
48.9%
Headline metric
Movement correlation(i)
+21%
Based on values
95% CI
+13% → +29%
Likely range of correlation
Pipeline
Pipeline Summary
510 paired data points survived the monthly window.
Raw input
603
10,398
Normalized
603
10,398
Prepared
603
512
Aligned
510
510
Invalid removed
R²(i)
4.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
510
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
+18 months
Correlation at this shift
+29%
+8% stronger than no-shift baseline
USD/TWD Exchange Rate shifted 18 months earlier. Reads: "Does Total Vehicle Sales today line up with USD/TWD Exchange Rate 18 months from now?"
492 overlapping points at this shift
Baseline
+21%
No-shift correlation, matching the main time-series chart above.
Peak shift
+18 months
+29%
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
+46%
13 periods · Return correlation when both series rose
Both Falling
-0%
28 periods · Return correlation when both series fell
Diverging
-49%
38 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
95
A: 93 / B: 2
Series A
Total Vehicle Sales
TOTALSA
FRED · 603 raw → 603 prepared
Series B
USD/TWD Exchange Rate
DEXTAUS
FRED · 10,398 raw → 512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
45
Estimated crossover points between normalized spreads.
Slope
0.3678
Linear regression slope.
Intercept
25.2929
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dextaus_fred-totalsa_monthly_5y