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Correlation
of values
-67%
In sync
of periods
27%
History
monthsmonths · through 2026-04
13
These move in the same direction about 27% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~45% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
27.3%
Headline metric
Movement correlation(i)
-67%
Based on values
95% CI
-89% → -19%
Pipeline
Pipeline Summary
13 paired data points survived the monthly window.
Raw input
12,500
13
Normalized
12,500
13
Prepared
601
13
Aligned
13
13
Invalid removed
Likely range of correlation
R²(i)
45.2%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
13
Limited
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: -3 to 3 months.
Selected shift
No shift
Correlation at this shift
-67%
No shift — both series at their actual dates.
13 overlapping points at this shift
Baseline
-67%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-67%
A non-zero peak suggests one series lines up better when shifted against the other.
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
2 periods · Return correlation when both series rose
Both Falling
N/A
1 periods · Return correlation when both series fell
Diverging
-51%
9 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
588
A: 588 / B: 0
Series A
2Y Treasury Yield
DGS2
FRED · 12,500 raw → 601 prepared
Series B
Existing Home Sales
EXHOSLUSM495S
FRED · 13 raw → 13 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
-311907.1739
Linear regression slope.
Intercept
5211562.8424
Linear regression intercept.
Saved last month · ID: fred-dgs2_fred-exhoslusm495s_monthly_5y