SeriesMagCorrSyncOverlapThrough
Correlation
+62%
of values
In sync
52%
of periods
History
386
weeks · through 2026-09
These move in the same direction about 52% of the time
Their swing sizes loosely line up (~38% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
U-6 Unemployment Rate moves ~11 weeks before AUD/USD Exchange Rate
Watch U-6 Unemployment Rate for an early read on AUD/USD Exchange Rate.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
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)
51.6%
Headline metric
Movement correlation(i)
+62%
Based on values
95% CI
+55% → +68%
Likely range of correlation
Pipeline
Pipeline Summary
386 paired data points survived the weekly window.
Raw input
386
13,863
Normalized
386
13,863
Prepared
386
2,885
Aligned
386
386
Invalid removed
Explore
R²(i)
38.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
386
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: -12 to 12 weeks.
Selected shift
+11 weeks
Correlation at this shift
+76%
+14% stronger than no-shift baseline
AUD/USD Exchange Rate shifted 11 weeks earlier. Reads: "Does U-6 Unemployment Rate today line up with AUD/USD Exchange Rate 11 weeks from now?"
375 overlapping points at this shift
Baseline
+62%
No-shift correlation, matching the main time-series chart above.
Peak shift
+11 weeks
+76%
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%
58 periods · Return correlation when both series rose
Both Falling
+35%
65 periods · Return correlation when both series fell
Diverging
-38%
126 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,499
A: 0 / B: 2499
Series A
U-6 Unemployment Rate
U6RATE
FRED · 386 raw → 386 prepared
Series B
AUD/USD Exchange Rate
DEXUSAL
FRED · 13,863 raw → 2,885 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0267
Linear regression slope.
Intercept
0.4813
Linear regression intercept.
Saved 2 days ago · ID: fred-dexusal_fred-u6rate_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.