Loading market view
Loading market view
Loading correlations
Correlation
of values
+41%
In sync
of periods
49%
History
daysdays · through 2026-06-05
3,257
These move in the same direction about 49% of the time
Their swing sizes loosely line up (~17% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
48.9%
Headline metric
Movement correlation(i)
+41%
Based on values
95% CI
+38% → +44%
Pipeline
Pipeline Summary
3,257 paired data points survived the daily window.
Raw input
12,500
3,258
Normalized
12,500
3,258
Prepared
12,500
3,258
Aligned
3,257
3,257
Invalid removed
Likely range of correlation
R²(i)
17.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
3,257
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
+41%
No shift — both series at their actual dates.
3,257 overlapping points at this shift
Baseline
+41%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+41%
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
2 periods · Return correlation when both series rose
Both Falling
-16%
10 periods · Return correlation when both series fell
Diverging
-55%
17 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
9,244
A: 9243 / B: 1
Series A
2Y Treasury Yield
DGS2
FRED · 12,500 raw → 12,500 prepared
Series B
Overnight Reverse Repo
RRPONTSYD
FRED · 3,258 raw → 3,258 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
30
Estimated crossover points between normalized spreads.
Slope
179.5142
Linear regression slope.
Intercept
56.0126
Linear regression intercept.
Saved last month · ID: fred-dgs2_fred-rrpontsyd_daily_5y