SeriesMagCorrSyncOverlapThrough
Correlation
-29%
of values
In sync
53%
of periods
History
1,185
days · through 2026-04-24
These move opposite each other about 53% of the time
Their swing sizes only faintly mirror each other (~8% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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)
52.9%
Headline metric
Movement correlation(i)
-29%
Based on values
95% CI
-34% → -23%
Pipeline
Pipeline Summary
1,185 paired data points survived the daily window.
Raw input
1,741
13,870
Normalized
1,741
13,870
Prepared
1,741
13,870
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)
8.2%
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
-29%
No shift — both series at their actual dates.
1,185 overlapping points at this shift
Baseline
-29%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-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
+62%
5 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-12%
240 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,241
A: 556 / B: 12685
Series A
Interest on Reserve Balances
IORB
FRED · 1,741 raw → 1,741 prepared
Series B
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,870 raw → 13,870 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
-0.0095
Linear regression slope.
Intercept
1.3180
Linear regression intercept.
Saved yesterday · ID: fred-dexusuk_fred-iorb_5y