Loading market view
Loading market view
Loading correlations
Qnity Electronics, Inc. (Q) vs USD/TWD Exchange Rate
Correlation
of % moves
-18%
In sync
of periods
42%
History
daysdays · through 2026-05-15
133
These move in the same direction about 42% of the time
Their swing sizes only faintly mirror each other (~3% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
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
Q moves ~1 day before USD/TWD Exchange Rate
Watch Q for an early read on USD/TWD Exchange Rate.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
42.3%
Headline metric
Movement correlation(i)
-18%
Based on % moves
95% CI
-34% → -1%
Likely range of correlation
Pipeline
Pipeline Summary
133 paired data points survived the daily window.
Raw input
139
10,398
Normalized
139
10,398
Prepared
139
10,398
Aligned
133
133
Invalid removed
R²(i)
3.3%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
133
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: -6 to 6 days.
Selected shift
+1 day
Correlation at this shift
-34%
+15% stronger than no-shift baseline
USD/TWD Exchange Rate shifted 1 day earlier. Reads: "Does Qnity Electronics, Inc. (Q) today line up with USD/TWD Exchange Rate 1 day from now?"
131 overlapping points at this shift
Baseline
-18%
No-shift correlation, matching the main time-series chart above.
Peak shift
+1 day
-34%
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
+6%
34 periods · Return correlation when both series rose
Both Falling
-21%
18 periods · Return correlation when both series fell
Diverging
-65%
80 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,271
A: 6 / B: 10265
Series A
Qnity Electronics, Inc. (Q)
Q
Stock · 139 raw → 139 prepared
Series B
USD/TWD Exchange Rate
DEXTAUS
FRED · 10,398 raw → 10,398 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0129
Linear regression slope.
Intercept
0.0002
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dextaus_stock-q_daily_5y