Loading market view
Loading market view
Loading correlations
Correlation
of values
-62%
In sync
of periods
—
History
monthsmonths · through 2025-10
240
These move together
Their swing sizes loosely mirror each other (~38% 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)
-62%
Based on values
95% CI
-69% → -53%
Pipeline
Pipeline Summary
240 paired data points survived the monthly window.
Raw input
240
269
Normalized
240
269
Prepared
240
269
Aligned
240
240
Invalid removed
Likely range of correlation
R²(i)
38.4%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
240
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
-62%
No shift — both series at their actual dates.
240 overlapping points at this shift
Baseline
-62%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-62%
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
29
A: 0 / B: 29
Series A
Debt-to-GDP Ratio
GFDEGDQ188S
FRED · 240 raw → 240 prepared
Series B
Velocity of M2 Money Stock
M2V
FRED · 269 raw → 269 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-0.0052
Linear regression slope.
Intercept
2.0931
Linear regression intercept.
Saved last month · ID: fred-gfdegdq188s_fred-m2v_monthly_5y