SeriesMagCorrSyncOverlapThrough
Correlation
-16%
of % moves
In sync
49%
of periods
History
315
days · through 2026-04-24
These move opposite each other about 49% of the time
Their swing sizes only faintly mirror each other (~3% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Time Series
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping tighter
The recent pattern is tighter than its long-run baseline — keep an eye on whether this sticks.
XYZ moves ~6 days before USD/LKR Exchange Rate
Watch XYZ for an early read on USD/LKR Exchange Rate.
Decouples in drawdowns
The relationship weakens when both prices are falling — don't count on this pair as a hedge under stress.
Mostly stable
The relationship drifts a little but stays in the same neighbourhood.
Advanced
Statistics
In sync(i)
49.1%
Headline metric
Movement correlation(i)
-16%
Based on % moves
95% CI
-27% → -5%
Likely range of correlation
Pipeline
Pipeline Summary
315 paired data points survived the daily window.
Raw input
323
13,010
Normalized
323
13,010
Prepared
323
13,010
Aligned
315
315
Invalid removed
Explore
R²(i)
2.7%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
315
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
+6 days
Correlation at this shift
-23%
+7% stronger than no-shift baseline
USD/LKR Exchange Rate shifted 6 days earlier. Reads: "Does XYZ today line up with USD/LKR Exchange Rate 6 days from now?"
309 overlapping points at this shift
Baseline
-16%
No-shift correlation, matching the main time-series chart above.
Peak shift
+6 days
-23%
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
+31%
66 periods · Return correlation when both series rose
Both Falling
+1%
50 periods · Return correlation when both series fell
Diverging
-38%
133 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
12,703
A: 8 / B: 12695
Series A
XYZ
Stock · 323 raw → 323 prepared
Series B
USD/LKR Exchange Rate
DEXSLUS
FRED · 13,010 raw → 13,010 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-0.0966
Linear regression slope.
Intercept
310.0636
Linear regression intercept.
Saved 2 days ago · ID: fred-dexslus_stock-xyz_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.