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Correlation
of values
+22%
In sync
of periods
—
History
monthsmonths · through 2024-01
19
These move together
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.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
N/A
Headline metric
Movement correlation(i)
+22%
Based on values
95% CI
-26% → +62%
Pipeline
Pipeline Summary
19 paired data points survived the monthly window.
Raw input
65
5,107
Normalized
65
5,107
Prepared
65
245
Aligned
19
19
Invalid removed
Likely range of correlation
R²(i)
5.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
19
Limited
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: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
+22%
No shift — both series at their actual dates.
19 overlapping points at this shift
Baseline
+22%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+22%
A non-zero peak suggests one series lines up better when shifted against the other.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
272
A: 46 / B: 226
Series A
Inflation, consumer prices
FPCPITOTLZGUSA
FRED · 65 raw → 65 prepared
Series B
US Dollar Index
DTWEXBGS
FRED · 5,107 raw → 245 prepared
Sign agreement
94.7%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
1.3630
Linear regression slope.
Intercept
101.1939
Linear regression intercept.
Saved 3 weeks ago · ID: fred-dtwexbgs_fred-fpcpitotlzgusa_monthly_5y