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Correlation
of values
+25%
In sync
of periods
53%
History
daysdays · through 2026-05-15
6,568
These move in the same direction about 53% of the time
Their swing sizes only faintly line up (~6% 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.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
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)
52.6%
Headline metric
Movement correlation(i)
+25%
Based on values
95% CI
+23% → +27%
Likely range of correlation
Pipeline
Pipeline Summary
6,568 paired data points survived the daily window.
Raw input
13,941
6,606
Normalized
13,941
6,606
Prepared
13,941
6,606
Aligned
6,568
6,568
Invalid removed
R²(i)
6.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
6,568
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
+25%
No shift — both series at their actual dates.
6,568 overlapping points at this shift
Baseline
+25%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+25%
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
-6%
61 periods · Return correlation when both series rose
Both Falling
-5%
6 periods · Return correlation when both series fell
Diverging
-1%
182 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
7,411
A: 7373 / B: 38
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,941 raw → 13,941 prepared
Series B
USD/VES Exchange Rate
DEXVZUS
FRED · 6,606 raw → 6,606 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
22.4214
Linear regression slope.
Intercept
-45348.9523
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexvzus_fred-nasdaqcom_daily_5y