SeriesMagCorrSyncOverlapThrough
Correlation
+16%
of % moves
In sync
56%
of periods
History
88
days · through 2026-04-24
These move in the same direction about 56% of the time
Their swing sizes only faintly line up (~3% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
USD/LKR Exchange Rate moves ~6 days before MDLN
Watch USD/LKR Exchange Rate for an early read on MDLN.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
56.3%
Headline metric
Movement correlation(i)
+16%
Based on % moves
95% CI
-5% → +36%
Likely range of correlation
Pipeline
Pipeline Summary
88 paired data points survived the daily window.
Raw input
94
13,010
Normalized
94
13,010
Prepared
94
13,010
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)
2.7%
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
-6 days
Correlation at this shift
+22%
+6% stronger than no-shift baseline
USD/LKR Exchange Rate shifted 6 days later. Reads: "Does MDLN today line up with USD/LKR Exchange Rate 6 days ago?"
82 overlapping points at this shift
Baseline
+16%
No-shift correlation, matching the main time-series chart above.
Peak shift
-6 days
+22%
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
+8%
29 periods · Return correlation when both series rose
Both Falling
-18%
16 periods · Return correlation when both series fell
Diverging
-50%
42 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,928
A: 6 / B: 12922
Series A
MDLN
Stock · 94 raw → 94 prepared
Series B
USD/LKR Exchange Rate
DEXSLUS
FRED · 13,010 raw → 13,010 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
0.1695
Linear regression slope.
Intercept
303.7197
Linear regression intercept.
Saved yesterday · ID: fred-dexslus_stock-mdln_5y