Correlation
of % moves
+7%
In sync
of periods
49%
History
daysdays · through 2026-04-24
740
These move in the same direction about 49% of the time
Their swing sizes only faintly line up (~0% 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
KVUE moves ~3 days before USD/HKD Exchange Rate
Watch KVUE for an early read on USD/HKD Exchange Rate.
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.
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Advanced
Statistics
Approximate (legacy record)In sync(i)
48.9%
Headline metric
Movement correlation(i)
+7%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
740 paired data points survived the daily window.
Raw input
755
11,370
Normalized
755
11,370
Prepared
755
11,370
Aligned
740
740
Invalid removed
R²(i)
0.5%
Variance explained
Significance
N/A
Statistical confidence
Data points
740
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
+3 days
Correlation at this shift
+16%
+9% stronger than no-shift baseline
USD/HKD Exchange Rate shifted 3 days earlier. Reads: "Does Kenvue Inc. (KVUE) today line up with USD/HKD Exchange Rate 3 days from now?"
246 overlapping points at this shift
Baseline
+7%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 days
+16%
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%
60 periods · Return correlation when both series rose
Both Falling
+6%
62 periods · Return correlation when both series fell
Diverging
-59%
127 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,645
A: 15 / B: 10630
Series A
KVUE
Stock · 755 raw → 755 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
0.0013
Linear regression slope.
Intercept
-0.0000
Linear regression intercept.
Saved 4 days ago · ID: fred-dexhkus_stock-kvue_5y
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Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.