Loading market view
Loading market view
Loading correlations
The Sherwin-Williams Company (SHW) vs USD/CHF Exchange Rate
Correlation
of % moves
-14%
In sync
of periods
46%
History
daysdays · through 2026-05-15
1,238
These move in the same direction about 46% of the time
Their swing sizes only faintly mirror each other (~2% 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.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Advanced
Statistics
In sync(i)
46.0%
Headline metric
Movement correlation(i)
-14%
Based on % moves
95% CI
-19% → -8%
Likely range of correlation
Pipeline
Pipeline Summary
1,238 paired data points survived the daily window.
Raw input
1,254
13,885
Normalized
1,254
13,885
Prepared
1,254
13,885
Aligned
1,238
1,238
Invalid removed
R²(i)
1.8%
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
-14%
No shift — both series at their actual dates.
1,237 overlapping points at this shift
Baseline
-14%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-14%
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
-0%
33 periods · Return correlation when both series rose
Both Falling
+16%
29 periods · Return correlation when both series fell
Diverging
-71%
82 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,663
A: 16 / B: 12647
Series A
The Sherwin-Williams Company (SHW)
SHW
Stock · 1,254 raw → 1,254 prepared
Series B
USD/CHF Exchange Rate
DEXSZUS
FRED · 13,885 raw → 13,885 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
-0.0422
Linear regression slope.
Intercept
-0.0001
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexszus_stock-shw_daily_5y