Correlation
of % moves
+37%
In sync
of periods
49%
History
daysdays · through 2026-04-24
1,109
These move in the same direction about 49% of the time
Their swing sizes only faintly line up (~14% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
Approximate (legacy record)In sync(i)
49.3%
Headline metric
Movement correlation(i)
+37%
Based on % moves
95% CI
N/A
Likely range
Pipeline
Pipeline Summary
1,109 paired data points survived the daily window.
Raw input
1,129
11,370
Normalized
1,129
11,370
Prepared
1,129
11,370
Aligned
1,109
1,109
Invalid removed
R²(i)
14.1%
Variance explained
Significance
N/A
Statistical confidence
Data points
1,109
Deep
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
+37%
No shift — both series at their actual dates.
249 overlapping points at this shift
Baseline
+37%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+37%
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
+56%
62 periods · Return correlation when both series rose
Both Falling
+13%
47 periods · Return correlation when both series fell
Diverging
-53%
140 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,281
A: 20 / B: 10261
Series A
META
Stock · 1,129 raw → 1,129 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
1
Estimated crossover points between normalized spreads.
Slope
0.0020
Linear regression slope.
Intercept
0.0000
Linear regression intercept.
Saved 4 days ago · ID: fred-dexhkus_stock-meta_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.