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Correlation
of values
+46%
In sync
of periods
51%
History
weeksweeks · through 2026-36
1,444
These move in the same direction about 51% of the time
Their swing sizes loosely line up (~21% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
51%
Headline metric
Movement correlation(i)
+46%
Based on values
95% CI
+42% → +50%
Pipeline
Pipeline Summary
1,444 paired data points survived the weekly window.
Raw input
1,875
6,941
Normalized
1,875
6,941
Prepared
1,875
1,444
Aligned
1,444
1,444
Invalid removed
Likely range of correlation
R²(i)
21%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,444
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+46%
No shift — both series at their actual dates.
1,444 overlapping points at this shift
Baseline
+46%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+46%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
431
A: 431 / B: 0
Series A
US Gas Price
GASREGW
FRED · 1,875 raw → 1,875 prepared
Series B
EUR/USD Exchange Rate
DEXUSEU
FRED · 6,941 raw → 1,444 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.0841
Linear regression slope.
Intercept
0.9609
Linear regression intercept.
Saved 4 months ago · ID: fred-dexuseu_fred-gasregw_weekly_5y