SeriesMagCorrSyncOverlapThrough
Correlation
of % moves
+79%
In sync
of periods
39%
History
weeksweeks · through 2026-18
135
These move in the same direction about 39% 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.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
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.
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Advanced
Statistics
In sync(i)
38.8%
Headline metric
Movement correlation(i)
+79%
Based on % moves
95% CI
+72% → +85%
Likely range of correlation
Pipeline
Pipeline Summary
135 paired data points survived the weekly window.
Raw input
645
1,220
Normalized
645
1,220
Prepared
136
1,220
Aligned
135
135
Invalid removed
R²(i)
62.7%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
135
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+79%
No shift — both series at their actual dates.
135 overlapping points at this shift
Baseline
+79%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+79%
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
+7%
32 periods · Return correlation when both series rose
Both Falling
+98%
20 periods · Return correlation when both series fell
Diverging
-57%
82 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,086
A: 1 / B: 1085
Series A
FISV
Stock · 645 raw → 136 prepared
Series B
Fed Balance Sheet
WALCL
FRED · 1,220 raw → 1,220 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
35888.5629
Linear regression slope.
Intercept
4739525.9555
Linear regression intercept.
Saved 2 days ago · ID: fred-walcl_stock-fisv_5y
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Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.