SeriesMagCorrSyncOverlapThrough
Correlation
of values
+80%
In sync
of periods
53%
History
monthsmonths · through 2026-02
242
These move in the same direction about 53% of the time
When one swings, the other often swings by a similar amount (~63% 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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
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)
52.7%
Headline metric
Movement correlation(i)
+80%
Based on values
95% CI
+75% → +84%
Likely range of correlation
Pipeline
Pipeline Summary
242 paired data points survived the monthly window.
Raw input
303
5,092
Normalized
303
5,092
Prepared
303
244
Aligned
242
242
Invalid removed
R²(i)
63.5%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
242
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
+80%
No shift — both series at their actual dates.
242 overlapping points at this shift
Baseline
+80%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+80%
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
+4%
61 periods · Return correlation when both series rose
Both Falling
+4%
66 periods · Return correlation when both series fell
Diverging
-75%
114 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
63
A: 61 / B: 2
Series A
Job Openings
JTSJOL
FRED · 303 raw → 303 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,092 raw → 244 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
0.0049
Linear regression slope.
Intercept
82.9271
Linear regression intercept.
Saved 2 days ago · ID: fred-dtwexemegs_fred-jtsjol_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.