Loading market view
Loading market view
Loading correlations
Correlation
of values
-62%
In sync
of periods
63%
History
monthsmonths · through 2026-04
808
These move in the same direction about 63% of the time
Their swing sizes loosely mirror each other (~38% 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
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)
63.4%
Headline metric
Movement correlation(i)
-62%
Based on values
95% CI
-66% → -57%
Likely range of correlation
Pipeline
Pipeline Summary
808 paired data points survived the monthly window.
Raw input
808
808
Normalized
808
808
Prepared
808
808
Aligned
808
808
Invalid removed
R²(i)
38.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
808
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
-62%
No shift — both series at their actual dates.
808 overlapping points at this shift
Baseline
-62%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-62%
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
+63%
18 periods · Return correlation when both series rose
Both Falling
+98%
10 periods · Return correlation when both series fell
Diverging
+40%
6 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Real Disposable Income
DSPIC96
FRED · 808 raw → 808 prepared
Series B
Personal Savings Rate
PSAVERT
FRED · 808 raw → 808 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0005
Linear regression slope.
Intercept
12.3382
Linear regression intercept.
Saved last month · ID: fred-dspic96_fred-psavert_monthly_5y