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Wolfspeed, Inc. (WOLF) vs USD/VES Exchange Rate
Correlation
of % moves
+7%
In sync
of periods
48%
History
daysdays · through 2026-05-15
1,148
These move in the same direction about 48% of the time
Their swing sizes only faintly line up (~0% 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.
What to Watch
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)
48.2%
Headline metric
Movement correlation(i)
+7%
Based on % moves
95% CI
+1% → +13%
Likely range of correlation
Pipeline
Pipeline Summary
1,148 paired data points survived the daily window.
Raw input
1,164
6,606
Normalized
1,164
6,606
Prepared
1,164
6,606
Aligned
1,148
1,148
Invalid removed
R²(i)
0.5%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points
1,148
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
+7%
No shift — both series at their actual dates.
1,147 overlapping points at this shift
Baseline
+7%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
+7%
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
+4%
104 periods · Return correlation when both series rose
Both Falling
+4%
16 periods · Return correlation when both series fell
Diverging
+10%
129 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
5,474
A: 16 / B: 5458
Series A
Wolfspeed, Inc. (WOLF)
WOLF
Stock · 1,164 raw → 1,164 prepared
Series B
USD/VES Exchange Rate
DEXVZUS
FRED · 6,606 raw → 6,606 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.0050
Linear regression slope.
Intercept
0.0042
Linear regression intercept.
Saved 2 weeks ago · ID: fred-dexvzus_stock-wolf_daily_5y