SeriesMagCorrSyncOverlapThrough
Correlation
+15%
of values
In sync
50%
of periods
History
495
days · through 2026-03-01
These move in the same direction about 50% of the time
Their swing sizes only faintly line up (~2% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
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.
Spot Crude Oil Price: West Texas Intermediate moves ~5 days before US Economic Policy Uncertainty
Watch Spot Crude Oil Price: West Texas Intermediate for an early read on US Economic Policy Uncertainty.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
50.0%
Headline metric
Movement correlation(i)
+15%
Based on values
95% CI
+6% → +23%
Likely range of correlation
Pipeline
Pipeline Summary
495 paired data points survived the daily window.
Raw input
963
15,098
Normalized
963
15,098
Prepared
963
15,098
Aligned
495
495
Invalid removed
Explore
R²(i)
2.2%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
495
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
+5 days
Correlation at this shift
+21%
+6% stronger than no-shift baseline
US Economic Policy Uncertainty shifted 5 days earlier. Reads: "Does Spot Crude Oil Price: West Texas Intermediate today line up with US Economic Policy Uncertainty 5 days from now?"
490 overlapping points at this shift
Baseline
+15%
No-shift correlation, matching the main time-series chart above.
Peak shift
+5 days
+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%
74 periods · Return correlation when both series rose
Both Falling
-22%
62 periods · Return correlation when both series fell
Diverging
-52%
113 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
15,071
A: 468 / B: 14603
Series A
Spot Crude Oil Price: West Texas Intermediate
WTISPLC
FRED · 963 raw → 963 prepared
Series B
US Economic Policy Uncertainty
USEPUINDXD
FRED · 15,098 raw → 15,098 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
155
Estimated crossover points between normalized spreads.
Slope
0.5328
Linear regression slope.
Intercept
102.7617
Linear regression intercept.
Saved 2 days ago · ID: fred-usepuindxd_fred-wtisplc_5y
Explore
Top 5 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.