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Correlation
of values
+42%
In sync
of periods
—
History
monthsmonths · through 2024-01
22
These move together
Their swing sizes loosely line up (~17% 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.
Advanced
Statistics
In sync(i)
N/A
Headline metric
Movement correlation(i)
+42%
Based on values
95% CI
-1% → +71%
Pipeline
Pipeline Summary
22 paired data points survived the monthly window.
Raw input
1,225
65
Normalized
1,225
65
Prepared
283
65
Aligned
22
22
Invalid removed
Likely range of correlation
R²(i)
17.3%
Variance explained
Significance
n.s.
Statistical confidence
Data points
22
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: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
+42%
No shift — both series at their actual dates.
22 overlapping points at this shift
Baseline
+42%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+42%
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
304
A: 261 / B: 43
Series A
Fed Balance Sheet
WALCL
FRED · 1,225 raw → 283 prepared
Series B
Inflation, consumer prices
FPCPITOTLZGUSA
FRED · 65 raw → 65 prepared
Sign agreement
95.5%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0000
Linear regression slope.
Intercept
1.5639
Linear regression intercept.
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