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Why is wavelet coherence almost always one?

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Jakub
Jakub on 13 Feb 2016
Closed: MATLAB Answer Bot on 20 Aug 2021
I still quite dont understand modulus of wavelet coherence. Even in Matlab demos cwt, xwt and phase of wcoher is explained but not the modulus.
On this image of two shifted sine waves what does the modulus tells me? Why it is one on majority of frequencies and time...

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