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Correlation
of values
+69%
In sync
of periods
58%
History
weeksweeks · through 2026-35
1,913
These move in the same direction about 58% of the time
When one swings, the other often swings by a similar amount (~48% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
58%
Headline metric
Movement correlation(i)
+69%
Based on values
95% CI
+67% → +72%
Pipeline
Pipeline Summary
1,913 paired data points survived the weekly window.
Raw input
9,268
2,904
Normalized
9,268
2,904
Prepared
1,915
2,904
Aligned
1,913
1,913
Invalid removed
Likely range of correlation
R²(i)
48%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
1,913
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: -12 to 12 weeks.
Selected shift
No shift
Correlation at this shift
+69%
No shift — both series at their actual dates.
1,913 overlapping points at this shift
Baseline
+69%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+69%
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
993
A: 2 / B: 991
Series A
VIX
VIXCLS
FRED · 9,268 raw → 1,915 prepared
Series B
Chicago Financial Conditions
NFCI
FRED · 2,904 raw → 2,904 prepared
Sign agreement
9.8%
How often both values share the same sign.
Zero crossings
154
Estimated crossover points between normalized spreads.
Slope
0.0445
Linear regression slope.
Intercept
-1.2670
Linear regression intercept.
Saved 4 months ago · ID: fred-nfci_fred-vixcls_weekly_5y