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Correlation
of values
+29%
In sync
of periods
41%
History
weeksweeks · through 2026-37
1,239
These move in the same direction about 41% of the time
Their swing sizes only faintly line up (~9% 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)
41%
Headline metric
Movement correlation(i)
+29%
Based on values
95% CI
+24% → +34%
Pipeline
Pipeline Summary
1,239 paired data points survived the weekly window.
Raw input
1,239
6,687
Normalized
1,239
6,687
Prepared
1,239
1,393
Aligned
1,239
1,239
Invalid removed
Likely range of correlation
R²(i)
9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,239
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
+29%
No shift — both series at their actual dates.
1,239 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
N/A
0 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-39%
12 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
154
A: 0 / B: 154
Series A
Fed Balance Sheet
WALCL
FRED · 1,239 raw → 1,239 prepared
Series B
USD/VES Exchange Rate
DEXVZUS
FRED · 6,687 raw → 1,393 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0599
Linear regression slope.
Intercept
-134327.3903
Linear regression intercept.
Saved 4 months ago · ID: fred-dexvzus_fred-walcl_weekly_5y