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Correlation
of values
-30%
In sync
of periods
46%
History
daysdays · through 2026-06-05
5,852
These move in the same direction about 46% of the time
Their swing sizes only faintly mirror each other (~9% 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.
Advanced
Statistics
In sync(i)
45.8%
Headline metric
Movement correlation(i)
-30%
Based on values
95% CI
-32% → -28%
Pipeline
Pipeline Summary
5,852 paired data points survived the daily window.
Raw input
9,202
5,862
Normalized
9,202
5,862
Prepared
9,202
5,862
Aligned
5,852
5,852
Invalid removed
Likely range of correlation
R²(i)
9.0%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
5,852
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
-30%
No shift — both series at their actual dates.
5,852 overlapping points at this shift
Baseline
-30%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-30%
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
N/A
1 periods · Return correlation when both series rose
Both Falling
N/A
2 periods · Return correlation when both series fell
Diverging
-90%
5 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
3,360
A: 3350 / B: 10
Series A
VIX
VIXCLS
FRED · 9,202 raw → 9,202 prepared
Series B
5-Year, 5-Year Forward Inflation Expectation Rate
T5YIFR
FRED · 5,862 raw → 5,862 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
342
Estimated crossover points between normalized spreads.
Slope
-0.0118
Linear regression slope.
Intercept
2.4747
Linear regression intercept.
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