Correlation
of values
+93%
In sync
of periods
50%
History
daysdays · through 2025-10-01
240
These move in the same direction about 50% of the time
When one swings, the other almost always swings by a closely matched amount (~86% 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.
What to Watch
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
49.6%
Headline metric
Movement correlation(i)
+93%
Based on values
95% CI
+91% → +94%
Likely range of correlation
Pipeline
Pipeline Summary
240 paired data points survived the daily window.
Raw input
240
1,359
Normalized
240
1,359
Prepared
240
1,359
Aligned
240
240
Invalid removed
R²(i)
85.8%
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: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+93%
No shift — both series at their actual dates.
240 overlapping points at this shift
Baseline
+93%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+93%
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
+48%
96 periods · Return correlation when both series rose
Both Falling
+19%
17 periods · Return correlation when both series fell
Diverging
-62%
126 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,119
A: 0 / B: 1119
Series A
Debt-to-GDP Ratio
GFDEGDQ188S
FRED · 240 raw → 240 prepared
Series B
PPI: All Commodities
PPIACO
FRED · 1,359 raw → 1,359 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
2.0029
Linear regression slope.
Intercept
3.0020
Linear regression intercept.
Saved 4 days ago · ID: fred-gfdegdq188s_fred-ppiaco_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.