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Correlation
of values
+21%
In sync
of periods
51%
History
daysdays · through 2026-05-15
5,064
These move in the same direction about 51% of the time
Their swing sizes only faintly line up (~5% 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)
51.5%
Headline metric
Movement correlation(i)
+21%
Based on values
95% CI
+19% → +24%
Pipeline
Pipeline Summary
5,064 paired data points survived the daily window.
Raw input
16,081
5,107
Normalized
16,081
5,107
Prepared
16,081
5,107
Aligned
5,064
5,064
Invalid removed
Likely range of correlation
R²(i)
4.6%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,064
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
+21%
No shift — both series at their actual dates.
5,064 overlapping points at this shift
Baseline
+21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+21%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,060
A: 11017 / B: 43
Series A
5Y Treasury Yield
DGS5
FRED · 16,081 raw → 16,081 prepared
Series B
US Dollar Index
DTWEXBGS
FRED · 5,107 raw → 5,107 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
1.9901
Linear regression slope.
Intercept
101.5396
Linear regression intercept.
Saved 3 weeks ago · ID: fred-dgs5_fred-dtwexbgs_daily_5y