Hello, I have trouble to interpret the phase spectrum correctly. Here is the code (with different data) I used to get the phase spectrum: mfdeaths.spc <- spec.pgram(ts.union(mdeaths, fdeaths), spans = c(3,3)) plot(mfdeaths.spc, plot.type = "phase") I would like to know whether positive or negative values indicate that the time series mdeaths leads or lags. Thanks in advance Gunnar Hoyer