SeriesMagCorrSyncOverlapThrough
Correlation
+14%
of % moves
In sync
45%
of periods
History
88
days · through 2026-04-24
These move in the same direction about 45% of the time
Their swing sizes only faintly line up (~2% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
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.
Advanced
Statistics
In sync(i)
45.1%
Headline metric
Movement correlation(i)
+14%
Based on % moves
95% CI
-8% → +34%
Likely range of correlation
Pipeline
Pipeline Summary
88 paired data points survived the daily window.
Raw input
94
13,362
Normalized
94
13,362
Prepared
94
13,362
Aligned
88
88
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
1.9%
Variance explained
Significance
n.s.
Statistical confidence
Data points
88
Thin
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
+14%
No shift — both series at their actual dates.
88 overlapping points at this shift
Baseline
+14%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+14%
A non-zero peak suggests one series lines up better when shifted against the other.
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
+38%
23 periods · Return correlation when both series rose
Both Falling
-6%
14 periods · Return correlation when both series fell
Diverging
-63%
50 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,280
A: 6 / B: 13274
Series A
MDLN
Stock · 94 raw → 94 prepared
Series B
USD/INR Exchange Rate
DEXINUS
FRED · 13,362 raw → 13,362 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
12
Estimated crossover points between normalized spreads.
Slope
0.0771
Linear regression slope.
Intercept
88.2641
Linear regression intercept.
Saved yesterday · ID: fred-dexinus_stock-mdln_5y