SeriesMagCorrSyncOverlapThrough
Correlation
-63%
of values
In sync
48%
of periods
History
303
weeks · through 2026-05
These move opposite each other about 48% of the time
Their swing sizes loosely mirror each other (~40% 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
Job Openings moves ~12 weeks before GBP/USD Exchange Rate
Watch Job Openings for an early read on GBP/USD Exchange Rate.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
48.3%
Headline metric
Movement correlation(i)
-63%
Based on values
95% CI
-69% → -56%
Likely range of correlation
Pipeline
Pipeline Summary
303 paired data points survived the weekly window.
Raw input
303
13,870
Normalized
303
13,870
Prepared
303
2,885
Aligned
303
303
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.
R²(i)
39.8%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
303
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
+12 weeks
Correlation at this shift
-70%
+7% stronger than no-shift baseline
GBP/USD Exchange Rate shifted 12 weeks earlier. Reads: "Does Job Openings today line up with GBP/USD Exchange Rate 12 weeks from now?"
291 overlapping points at this shift
Baseline
-63%
No-shift correlation, matching the main time-series chart above.
Peak shift
+12 weeks
-70%
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
-7%
64 periods · Return correlation when both series rose
Both Falling
+4%
53 periods · Return correlation when both series fell
Diverging
-60%
132 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
2,582
A: 0 / B: 2582
Series A
Job Openings
JTSJOL
FRED · 303 raw → 303 prepared
Series B
GBP/USD Exchange Rate
DEXUSUK
FRED · 13,870 raw → 2,885 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0001
Linear regression slope.
Intercept
1.8625
Linear regression intercept.
Saved yesterday · ID: fred-dexusuk_fred-jtsjol_5y