SeriesMagCorrSyncOverlapThrough
Correlation
-59%
of % moves
In sync
51%
of periods
History
88
days · through 2026-04-24
These move opposite each other about 51% of the time
Their swing sizes loosely mirror each other (~34% 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
MDLN moves ~3 days before USD/MYR Exchange Rate
Watch MDLN for an early read on USD/MYR Exchange Rate.
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)
50.6%
Headline metric
Movement correlation(i)
-59%
Based on % moves
95% CI
-71% → -43%
Likely range of correlation
Pipeline
Pipeline Summary
88 paired data points survived the daily window.
Raw input
94
13,848
Normalized
94
13,848
Prepared
94
13,848
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)
34.4%
Variance explained
Significance
p < 0.001
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
+3 days
Correlation at this shift
-65%
+6% stronger than no-shift baseline
USD/MYR Exchange Rate shifted 3 days earlier. Reads: "Does MDLN today line up with USD/MYR Exchange Rate 3 days from now?"
85 overlapping points at this shift
Baseline
-59%
No-shift correlation, matching the main time-series chart above.
Peak shift
+3 days
-65%
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
+30%
22 periods · Return correlation when both series rose
Both Falling
-4%
21 periods · Return correlation when both series fell
Diverging
-61%
44 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
13,766
A: 6 / B: 13760
Series A
MDLN
Stock · 94 raw → 94 prepared
Series B
USD/MYR Exchange Rate
DEXMAUS
FRED · 13,848 raw → 13,848 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0143
Linear regression slope.
Intercept
4.6106
Linear regression intercept.
Saved yesterday · ID: fred-dexmaus_stock-mdln_5y