Correlation
of % moves
-55%
In sync
of periods
35%
History
daysdays · through 2026-04-24
1,236
These move opposite each other about 35% of the time
Their swing sizes loosely mirror each other (~30% of the pattern is shared).
A real but noisy link — useful as context, risky as a standalone signal.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Rock solid
The relationship barely changes from period to period — treat it as a reliable signal.
Explore
Advanced
Statistics
In sync(i)
35.1%
Headline metric
Movement correlation(i)
-55%
Based on % moves
95% CI
-59% → -51%
Likely range of correlation
Pipeline
Pipeline Summary
1,236 paired data points survived the daily window.
Raw input
13,869
1,255
Normalized
13,869
1,255
Prepared
13,869
1,255
Aligned
1,236
1,236
Invalid removed
R²(i)
30.1%
Variance explained
Significance
p < 0.001
Statistical confidence
Data points
1,236
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
-55%
No shift — both series at their actual dates.
1,236 overlapping points at this shift
Baseline
-55%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-55%
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
+5%
42 periods · Return correlation when both series rose
Both Falling
+4%
31 periods · Return correlation when both series fell
Diverging
-78%
176 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,652
A: 12633 / B: 19
Series A
USD/NOK Exchange Rate
DEXNOUS
FRED · 13,869 raw → 13,869 prepared
Series B
VWO
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
16
Estimated crossover points between normalized spreads.
Slope
-3.8405
Linear regression slope.
Intercept
84.4466
Linear regression intercept.
Saved 7 hours ago · ID: fred-dexnous_stock-vwo_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.