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GE HealthCare Technologies Inc. Common Stock (GEHC) vs USD/BRL Exchange Rate
Correlation
of % moves
-17%
In sync
of periods
44%
History
daysdays · through 2026-05-15
838
These move opposite each other about 44% of the time
Their swing sizes only faintly mirror each other (~3% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
43.9%
Headline metric
Movement correlation(i)
-17%
Based on % moves
95% CI
-24% → -10%
Likely range of correlation
Pipeline
Pipeline Summary
838 paired data points survived the daily window.
Raw input
849
7,868
Normalized
849
7,868
Prepared
849
7,868
Aligned
838
838
Invalid removed
R²(i)
2.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
838
Deep
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
-17%
No shift — both series at their actual dates.
837 overlapping points at this shift
Baseline
-17%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-17%
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
+3%
49 periods · Return correlation when both series rose
Both Falling
-8%
50 periods · Return correlation when both series fell
Diverging
-66%
150 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
7,041
A: 11 / B: 7030
Series A
GE HealthCare Technologies Inc. Common Stock (GEHC)
GEHC
Stock · 849 raw → 849 prepared
Series B
USD/BRL Exchange Rate
DEXBZUS
FRED · 7,868 raw → 7,868 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
38
Estimated crossover points between normalized spreads.
Slope
-0.0590
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexbzus_stock-gehc_daily_5y