Correlation
of values
+98%
In sync
of periods
55%
History
daysdays · through 2026-03-01
807
These move in the same direction about 55% of the time
When one swings, the other almost always swings by a closely matched amount (~95% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Explore
Advanced
Statistics
In sync(i)
55.2%
Headline metric
Movement correlation(i)
+98%
Based on values
95% CI
+97% → +98%
Likely range of correlation
Pipeline
Pipeline Summary
807 paired data points survived the daily window.
Raw input
807
1,359
Normalized
807
1,359
Prepared
807
1,359
Aligned
807
807
Invalid removed
R²(i)
95.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
807
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
+98%
No shift — both series at their actual dates.
807 overlapping points at this shift
Baseline
+98%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+98%
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
+54%
125 periods · Return correlation when both series rose
Both Falling
+62%
10 periods · Return correlation when both series fell
Diverging
-39%
114 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
552
A: 0 / B: 552
Series A
Real Disposable Income
DSPIC96
FRED · 807 raw → 807 prepared
Series B
PPI: All Commodities
PPIACO
FRED · 1,359 raw → 1,359 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0143
Linear regression slope.
Intercept
-1.8977
Linear regression intercept.
Saved 4 days ago · ID: fred-dspic96_fred-ppiaco_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.