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Correlation
of values
-48%
In sync
of periods
43%
History
daysdays · through 2026-08-31
5,911
These move in the same direction about 43% of the time
Their swing sizes loosely mirror each other (~23% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
43%
Headline metric
Movement correlation(i)
-48%
Based on values
95% CI
-50% → -46%
Pipeline
Pipeline Summary
5,911 paired data points survived the daily window.
Raw input
5,921
9,263
Normalized
5,921
9,263
Prepared
5,921
9,263
Aligned
5,911
5,911
Invalid removed
Likely range of correlation
R²(i)
23%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points(i)
5,911
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
-48%
No shift — both series at their actual dates.
5,911 overlapping points at this shift
Baseline
-48%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-48%
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
3,362
A: 10 / B: 3352
Series A
10Y Breakeven Inflation
T10YIE
FRED · 5,921 raw → 5,921 prepared
Series B
VIX
VIXCLS
FRED · 9,263 raw → 9,263 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
341
Estimated crossover points between normalized spreads.
Slope
-10.1723
Linear regression slope.
Intercept
40.5289
Linear regression intercept.
Saved 4 months ago · ID: fred-t10yie_fred-vixcls_daily_5y