SeriesMagCorrSyncOverlapThrough
Correlation
of values
+75%
In sync
of periods
47%
History
monthsmonths · through 2026-03
243
These move in the same direction about 47% of the time
When one swings, the other often swings by a similar amount (~56% 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.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
46.9%
Headline metric
Movement correlation(i)
+75%
Based on values
95% CI
+69% → +80%
Likely range of correlation
Pipeline
Pipeline Summary
243 paired data points survived the monthly window.
Raw input
807
5,092
Normalized
807
5,092
Prepared
807
244
Aligned
243
243
Invalid removed
R²(i)
56.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
243
Usable
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
+75%
No shift — both series at their actual dates.
243 overlapping points at this shift
Baseline
+75%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+75%
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
+15%
85 periods · Return correlation when both series rose
Both Falling
+55%
28 periods · Return correlation when both series fell
Diverging
-6%
129 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
565
A: 564 / B: 1
Series A
M1 Money Supply
M1SL
FRED · 807 raw → 807 prepared
Series B
US Dollar Index
DTWEXBGS
FRED · 5,092 raw → 244 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0012
Linear regression slope.
Intercept
97.2553
Linear regression intercept.
Saved 2 days ago · ID: fred-dtwexbgs_fred-m1sl_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.