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Correlation
of values
-49%
In sync
of periods
45%
History
daysdays · through 2026-07-02
5,096
These move in the same direction about 45% of the time
Their swing sizes loosely mirror each other (~24% 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.
Advanced
Statistics
In sync(i)
45%
Headline metric
Movement correlation(i)
-49%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
5,096 paired data points survived the daily window.
Raw input
5,881
5,139
Normalized
5,881
5,139
Prepared
5,881
5,139
Aligned
5,096
5,096
Invalid removed
Likely range
R²(i)
24%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
5,096
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
-49%
No shift — both series at their actual dates.
5,096 overlapping points at this shift
Baseline
-49%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-49%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
828
A: 785 / B: 43
Series A
5-Year, 5-Year Forward Inflation Expectation Rate
T5YIFR
FRED · 5,881 raw → 5,881 prepared
Series B
US Dollar Index
DTWEXEMEGS
FRED · 5,139 raw → 5,139 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-21.2120
Linear regression slope.
Intercept
159.4963
Linear regression intercept.
Saved 3 months ago · ID: fred-dtwexemegs_fred-t5yifr_daily_5y