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Correlation
of values
-38%
In sync
of periods
29%
History
weeksweeks · through 2026-26
521
These move in the same direction about 29% of the time
Their swing sizes only faintly mirror each other (~14% 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.
What to Watch
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Advanced
Statistics
In sync(i)
29%
Headline metric
Movement correlation(i)
-38%
Based on values
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
521 paired data points survived the weekly window.
Raw input
1,696
2,512
Normalized
1,696
2,512
Prepared
1,696
523
Aligned
521
521
Invalid removed
14%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
521
Robust
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
-38%
No shift — both series at their actual dates.
521 overlapping points at this shift
Baseline
-38%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-38%
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
+1%
16 periods · Return correlation when both series rose
Both Falling
-62%
5 periods · Return correlation when both series fell
Diverging
-83%
46 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,177
A: 1175 / B: 2
Series A
St. Louis Financial Stress Index
STLFSI4
FRED · 1,696 raw → 1,696 prepared
Series B
Dow Jones Industrial Average
DJIA
FRED · 2,512 raw → 523 prepared
Sign agreement
15.7%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-5221.1139
Linear regression slope.
Intercept
30268.5475
Linear regression intercept.
Saved 3 months ago · ID: fred-djia_fred-stlfsi4_weekly_5y