SeriesMagCorrOverlapThrough
These move opposite each other about 50% of the time
Strong inverse
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Realty Income owns roughly 15,500 properties, most of which are freestanding, single-tenant, triple-net-leased retail properties. Its properties are located in 49 states and Puerto Rico and are leased to 250 tenants from 47 industries. Recent acquisitions have added industrial, gaming, office, manufacturing, and distribution properties, which make up roughly 20% of revenue.
Market cap 58.5B · 544 employees
Fed Funds Rate (Daily)
DFF
What to Watch
Holds across regimes
Correlation is similar when markets rise (+46%) and fall (+42%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
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
-80%
No shift — both series at their actual dates.
1,254 overlapping points at this shift
Time series with Fed Funds Rate (Daily) at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
-80%
Pearson correlation
95% CI
-82% → -78%
Likely range
R²
64.2%
Variance explained
Trend agreement
50.0%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,254
Deep
Pipeline
Pipeline Summary
1,254 paired data points survived the daily window.
Raw input
1,255
26,237
Normalized
1,255
26,237
Prepared
1,255
26,237
Aligned
1,254
1,254
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
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
+46%
13 periods · Return correlation when both series rose
Both Falling
+42%
10 periods · Return correlation when both series fell
Diverging
-14%
226 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
24,984
A: 1 / B: 24983
Series A
Realty Income Corporation
O
Market cap 58.5B · 544 employees
Stock · 1,255 raw → 1,255 prepared
Series B
DFF
FRED · 26,237 raw → 26,237 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
24
Estimated crossover points between normalized spreads.
Slope
-0.2516
Linear regression slope.
Intercept
18.8861
Linear regression intercept.
Saved 1 hour ago · ID: fred-dff_stock-o_5y
DFF
Fed Funds Rate (Daily)
Strongest positive