SeriesMagCorrSyncOverlapThrough
Correlation
+85%
of values
In sync
60%
of periods
History
317
days · through 2026-01-01
These move in the same direction about 60% of the time
When one swings, the other often swings by a similar amount (~72% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Time Series
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Unusual right now
Recently looser than usual — the pair is behaving differently than its long-run pattern.
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)
60.5%
Headline metric
Movement correlation(i)
+85%
Based on values
95% CI
+81% → +88%
Pipeline
Pipeline Summary
317 paired data points survived the daily window.
Raw input
963
317
Normalized
963
317
Prepared
963
317
Aligned
317
317
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
Likely range of correlation
R²(i)
71.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
317
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
+85%
No shift — both series at their actual dates.
317 overlapping points at this shift
Baseline
+85%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+85%
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
+42%
95 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-21%
151 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
646
A: 646 / B: 0
Series A
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 963 raw → 963 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
11
Estimated crossover points between normalized spreads.
Slope
1.0002
Linear regression slope.
Intercept
24.9328
Linear regression intercept.
Saved yesterday · ID: fred-gdpdef_fred-wtisplc_5y