Correlation
of % moves
-6%
In sync
of periods
46%
History
daysdays · through 2026-04-24
1,235
These move opposite each other about 46% of the time
Their swing sizes only faintly mirror each other (~0% 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.
What to Watch
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.
Explore
Advanced
Statistics
Approximate (legacy record)In sync(i)
46.0%
Headline metric
Movement correlation(i)
-6%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
1,235 paired data points survived the daily window.
Raw input
1,255
11,370
Normalized
1,255
11,370
Prepared
1,255
11,370
Aligned
1,235
1,235
Invalid removed
R²(i)
0.4%
Variance explained
Significance
N/A
Statistical confidence
Data points
1,235
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
-6%
No shift — both series at their actual dates.
249 overlapping points at this shift
Baseline
-6%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-6%
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
+20%
67 periods · Return correlation when both series rose
Both Falling
+4%
45 periods · Return correlation when both series fell
Diverging
-51%
137 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,155
A: 20 / B: 10135
Series A
KLAC
Stock · 1,255 raw → 1,255 prepared
Series B
USD/HKD Exchange Rate
DEXHKUS
FRED · 11,370 raw → 11,370 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.0010
Linear regression slope.
Intercept
0.0000
Linear regression intercept.
Saved 4 days ago · ID: fred-dexhkus_stock-klac_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.