Loading market view
Loading market view
Loading correlations
Correlation
of values
-44%
In sync
of periods
64%
History
monthsmonths · through 2026-04
13
These move in the same direction about 64% of the time
Their swing sizes loosely mirror each other (~20% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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)
63.6%
Headline metric
Movement correlation(i)
-44%
Based on values
95% CI
-80% → +14%
Pipeline
Pipeline Summary
13 paired data points survived the monthly window.
Raw input
3,258
13
Normalized
3,258
13
Prepared
179
13
Aligned
13
13
Invalid removed
Likely range of correlation
R²(i)
19.7%
Variance explained
Significance
n.s.
Statistical confidence
Data points
13
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: -3 to 3 months.
Selected shift
No shift
Correlation at this shift
-44%
No shift — both series at their actual dates.
13 overlapping points at this shift
Baseline
-44%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-44%
A non-zero peak suggests one series lines up better when shifted against the other.
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
N/A
4 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-3%
5 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
166
A: 166 / B: 0
Series A
Overnight Reverse Repo
RRPONTSYD
FRED · 3,258 raw → 179 prepared
Series B
Existing Home Sales
EXHOSLUSM495S
FRED · 13 raw → 13 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
-421.8882
Linear regression slope.
Intercept
4090181.6124
Linear regression intercept.
Saved last month · ID: fred-exhoslusm495s_fred-rrpontsyd_monthly_5y