SeriesMagCorrSyncOverlapThrough
Correlation
-78%
of values
In sync
59%
of periods
History
1,185
days · through 2026-04-24
These move opposite each other about 59% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~61% 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
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)
58.8%
Headline metric
Movement correlation(i)
-78%
Based on values
95% CI
-80% → -76%
Pipeline
Pipeline Summary
1,185 paired data points survived the daily window.
Raw input
1,741
13,863
Normalized
1,741
13,863
Prepared
1,741
13,863
Aligned
1,185
1,185
Invalid removed
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.
Likely range of correlation
R²(i)
60.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,185
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
-78%
No shift — both series at their actual dates.
1,185 overlapping points at this shift
Baseline
-78%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-78%
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
+33%
6 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-9%
239 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,234
A: 556 / B: 12678
Series A
Interest on Reserve Balances
IORB
FRED · 1,741 raw → 1,741 prepared
Series B
AUD/USD Exchange Rate
DEXUSAL
FRED · 13,863 raw → 13,863 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
-0.0137
Linear regression slope.
Intercept
0.7245
Linear regression intercept.
Saved yesterday · ID: fred-dexusal_fred-iorb_5y