SeriesMagCorrSyncOverlapThrough
Correlation
+56%
of values
In sync
52%
of periods
History
2,567
weeks · through 2026-17
These move in the same direction about 52% of the time
Their swing sizes loosely line up (~32% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
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)
51.6%
Headline metric
Movement correlation(i)
+56%
Based on values
95% CI
+54% → +59%
Likely range of correlation
Pipeline
Pipeline Summary
2,567 paired data points survived the weekly window.
Raw input
2,886
12,297
Normalized
2,886
12,297
Prepared
2,886
2,568
Aligned
2,567
2,567
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)
31.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
2,567
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
+56%
No shift — both series at their actual dates.
2,567 overlapping points at this shift
Baseline
+56%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+56%
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
+61%
64 periods · Return correlation when both series rose
Both Falling
+53%
69 periods · Return correlation when both series fell
Diverging
-43%
116 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
320
A: 319 / B: 1
Series A
Chicago Financial Conditions
NFCI
FRED · 2,886 raw → 2,886 prepared
Series B
30Y Treasury Yield
DGS30
FRED · 12,297 raw → 2,568 prepared
Sign agreement
24.4%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
1.9182
Linear regression slope.
Intercept
6.3835
Linear regression intercept.
Saved yesterday · ID: fred-dgs30_fred-nfci_5y