Correlation
of values
+21%
In sync
of periods
51%
History
daysdays · through 2026-03-01
603
These move in the same direction about 51% of the time
Their swing sizes only faintly line up (~4% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
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
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Explore
Advanced
Statistics
In sync(i)
51.0%
Headline metric
Movement correlation(i)
+21%
Based on values
95% CI
+13% → +28%
Likely range of correlation
Pipeline
Pipeline Summary
603 paired data points survived the daily window.
Raw input
807
603
Normalized
807
603
Prepared
807
603
Aligned
603
603
Invalid removed
R²(i)
4.3%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
603
Robust
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
+21%
No shift — both series at their actual dates.
603 overlapping points at this shift
Baseline
+21%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+21%
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
-7%
85 periods · Return correlation when both series rose
Both Falling
-8%
64 periods · Return correlation when both series fell
Diverging
-65%
100 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
204
A: 204 / B: 0
Series A
Bank Reserves
TOTRESNS
FRED · 807 raw → 807 prepared
Series B
Total Vehicle Sales
TOTALSA
FRED · 603 raw → 603 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
0.0004
Linear regression slope.
Intercept
14.8821
Linear regression intercept.
Saved 4 days ago · ID: fred-totalsa_fred-totresns_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.