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Correlation
of values
-39%
In sync
of periods
—
History
monthsmonths · through 2025-10
204
These move together
Their swing sizes only faintly mirror each other (~15% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
N/A
Headline metric
Movement correlation(i)
-39%
Based on values
95% CI
-50% → -27%
Pipeline
Pipeline Summary
204 paired data points survived the monthly window.
Raw input
2,889
204
Normalized
2,889
204
Prepared
665
204
Aligned
204
204
Invalid removed
Likely range of correlation
R²(i)
15.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
204
Usable
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: 0 to 0 months.
Selected shift
No shift
Correlation at this shift
-39%
No shift — both series at their actual dates.
204 overlapping points at this shift
Baseline
-39%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-39%
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.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
461
A: 461 / B: 0
Series A
Chicago Financial Conditions
NFCI
FRED · 2,889 raw → 665 prepared
Series B
South Korea Home Prices
QKRN628BIS
FRED · 204 raw → 204 prepared
Sign agreement
25.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-17.3643
Linear regression slope.
Intercept
74.0090
Linear regression intercept.
Saved 3 weeks ago · ID: fred-nfci_fred-qkrn628bis_monthly_5y