Correlation
-21%
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 only faintly mirror each other (~4% 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
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)
50.6%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-40% → +0%
Likely range of correlation
Pipeline
Pipeline Summary
88 paired data points survived the daily window.
Raw input
94
11,289
Normalized
94
11,289
Prepared
94
11,289
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)
4.3%
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
-21%
No shift — both series at their actual dates.
88 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-21%
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
-21%
22 periods · Return correlation when both series rose
Both Falling
-39%
21 periods · Return correlation when both series fell
Diverging
-59%
44 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,207
A: 6 / B: 11201
Series A
MDLN
Stock · 94 raw → 94 prepared
Series B
USD/THB Exchange Rate
DEXTHUS
FRED · 11,289 raw → 11,289 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
-0.0481
Linear regression slope.
Intercept
33.8316
Linear regression intercept.
Saved yesterday · ID: fred-dexthus_stock-mdln_5y