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Correlation
of values
+80%
In sync
of periods
—
History
monthsmonths · through 2026-01
220
These move together
When one swings, the other often swings by a similar amount (~64% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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)
N/A
Headline metric
Movement correlation(i)
+80%
Based on values
95% CI
+75% → +84%
Pipeline
Pipeline Summary
220 paired data points survived the monthly window.
Raw input
13,952
317
Normalized
13,952
317
Prepared
665
317
Aligned
220
220
Invalid removed
Likely range of correlation
R²(i)
64.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
220
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: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
+80%
No shift — both series at their actual dates.
220 overlapping points at this shift
Baseline
+80%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+80%
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
542
A: 445 / B: 97
Series A
NASDAQ Composite
NASDAQCOM
FRED · 13,952 raw → 665 prepared
Series B
Gross Domestic Product: Implicit Price Deflator
GDPDEF
FRED · 317 raw → 317 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0049
Linear regression slope.
Intercept
55.6521
Linear regression intercept.
Saved last month · ID: fred-gdpdef_fred-nasdaqcom_monthly_5y