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Correlation
of values
+84%
In sync
of periods
56%
History
monthsmonths · through 2026-04
964
These move in the same direction about 56% of the time
When one swings, the other often swings by a similar amount (~70% of the pattern is shared).
A faint pattern — interesting as colour, not strong enough to act on alone.
On a log scale so equal % moves take equal vertical space — best when one series has grown much faster than the other.
Advanced
Statistics
In sync(i)
56.0%
Headline metric
Movement correlation(i)
+84%
Based on values
95% CI
+82% → +86%
Pipeline
Pipeline Summary
964 paired data points survived the monthly window.
Raw input
1,000
965
Normalized
1,000
965
Prepared
1,000
965
Aligned
964
964
Invalid removed
Likely range of correlation
R²(i)
70.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
964
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: -18 to 18 months.
Selected shift
No shift
Correlation at this shift
+84%
No shift — both series at their actual dates.
964 overlapping points at this shift
Baseline
+84%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+84%
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
3 periods · Return correlation when both series rose
Both Falling
N/A
2 periods · Return correlation when both series fell
Diverging
-90%
13 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
37
A: 36 / B: 1
Series A
Total Consumer Credit
TOTALSL
FRED · 1,000 raw → 1,000 prepared
Series B
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 965 raw → 965 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0000
Linear regression slope.
Intercept
7.4627
Linear regression intercept.
Saved last month · ID: fred-totalsl_fred-wtisplc_monthly_5y