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Fiserv, Inc. Common Stock (FISV) vs USD/ZAR Exchange Rate
Correlation
of % moves
+30%
In sync
of periods
46%
History
daysdays · through 2026-05-15
633
These move in the same direction about 46% of the time
Their swing sizes only faintly line up (~9% 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
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.
Advanced
Statistics
In sync(i)
45.6%
Headline metric
Movement correlation(i)
+30%
Based on % moves
95% CI
+23% → +37%
Likely range of correlation
Pipeline
Pipeline Summary
633 paired data points survived the daily window.
Raw input
644
11,628
Normalized
644
11,628
Prepared
644
11,628
Aligned
633
633
Invalid removed
R²(i)
9.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
633
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
+30%
No shift — both series at their actual dates.
632 overlapping points at this shift
Baseline
+30%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+30%
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
+0%
61 periods · Return correlation when both series rose
Both Falling
+86%
58 periods · Return correlation when both series fell
Diverging
-64%
130 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,006
A: 11 / B: 10995
Series A
Fiserv, Inc. Common Stock (FISV)
FISV
Stock · 644 raw → 644 prepared
Series B
USD/ZAR Exchange Rate
DEXSFUS
FRED · 11,628 raw → 11,628 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
25
Estimated crossover points between normalized spreads.
Slope
0.1044
Linear regression slope.
Intercept
0.0004
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexsfus_stock-fisv_daily_5y