Correlation
+37%
of values
In sync
53%
of periods
History
303
weeks · through 2026-05
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~14% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
USD/VES Exchange Rate moves ~9 weeks before Job Openings
Watch USD/VES Exchange Rate for an early read on Job Openings.
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)
52.9%
Headline metric
Movement correlation(i)
+37%
Based on values
95% CI
+27% → +46%
Likely range of correlation
Pipeline
Pipeline Summary
303 paired data points survived the weekly window.
Raw input
303
6,591
Normalized
303
6,591
Prepared
303
1,373
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)
13.5%
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
-9 weeks
Correlation at this shift
+50%
+14% stronger than no-shift baseline
USD/VES Exchange Rate shifted 9 weeks later. Reads: "Does Job Openings today line up with USD/VES Exchange Rate 9 weeks ago?"
294 overlapping points at this shift
Baseline
+37%
No-shift correlation, matching the main time-series chart above.
Peak shift
-9 weeks
+50%
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
+43%
53 periods · Return correlation when both series rose
Both Falling
-26%
11 periods · Return correlation when both series fell
Diverging
-3%
185 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,070
A: 0 / B: 1070
Series A
Job Openings
JTSJOL
FRED · 303 raw → 303 prepared
Series B
USD/VES Exchange Rate
DEXVZUS
FRED · 6,591 raw → 1,373 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
86.3800
Linear regression slope.
Intercept
-368260.3140
Linear regression intercept.
Saved yesterday · ID: fred-dexvzus_fred-jtsjol_5y