SeriesMagCorrSyncOverlapThrough
Correlation
-43%
of % moves
In sync
37%
of periods
History
1,238
days · through 2026-04-24
These move opposite each other about 37% of the time
Their swing sizes loosely mirror each other (~19% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Time Series
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
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Advanced
Statistics
In sync(i)
36.6%
Headline metric
Movement correlation(i)
-43%
Based on % moves
95% CI
-48% → -39%
Likely range of correlation
Pipeline
Pipeline Summary
1,238 paired data points survived the daily window.
Raw input
1,255
11,289
Normalized
1,255
11,289
Prepared
1,255
11,289
Aligned
1,238
1,238
Invalid removed
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.
R²(i)
18.9%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,238
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
-43%
No shift — both series at their actual dates.
1,238 overlapping points at this shift
Baseline
-43%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-43%
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%
50 periods · Return correlation when both series rose
Both Falling
-43%
39 periods · Return correlation when both series fell
Diverging
-61%
160 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
10,068
A: 17 / B: 10051
Series A
SCCO
Stock · 1,255 raw → 1,255 prepared
Series B
USD/THB Exchange Rate
DEXTHUS
FRED · 11,289 raw → 11,289 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0211
Linear regression slope.
Intercept
35.8883
Linear regression intercept.
Saved yesterday · ID: fred-dexthus_stock-scco_5y