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Fiserv, Inc. Common Stock (FISV) vs USD/INR Exchange Rate
Correlation
of % moves
-10%
In sync
of periods
48%
History
daysdays · through 2026-05-15
632
These move in the same direction about 48% of the time
Their swing sizes only faintly mirror each other (~1% 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.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
48.4%
Headline metric
Movement correlation(i)
-10%
Based on % moves
95% CI
-17% → -2%
Likely range of correlation
Pipeline
Pipeline Summary
632 paired data points survived the daily window.
Raw input
643
13,377
Normalized
643
13,377
Prepared
643
13,377
Aligned
632
632
Invalid removed
R²(i)
0.9%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
632
Robust
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
-10%
No shift — both series at their actual dates.
630 overlapping points at this shift
Baseline
-10%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-10%
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
-8%
77 periods · Return correlation when both series rose
Both Falling
+9%
47 periods · Return correlation when both series fell
Diverging
-59%
122 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,756
A: 11 / B: 12745
Series A
Fiserv, Inc. Common Stock (FISV)
FISV
Stock · 643 raw → 643 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,377 raw → 13,377 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
-0.0156
Linear regression slope.
Intercept
0.0003
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexinus_stock-fisv_daily_5y