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Periodicity correlations between roadside PM $_{2.5}$ concentration and traffic volume are difficult to explore due to the complicated process of production and diffusion of PM $_{2.5}$ : a reaction of vehicle emission with atmosphere, dependence with wind speed, pavement width, vehicle speed, vehicle type, etc. We propose a framework to explore the periodicity correlation between roadside PM $_{2.5}$ concentration and traffic volume using wavelet transform. The framework utilizes wavelet spectrum to obtain the characteristic periods of PM $_{2.5}$ concentration and traffic volume, and utilizes cross-wavelet spectrum to explore the hysteresis response of PM $_{2.5}$ concentration with respect to traffic volume. Different from traditional research work which handle pollutants and traffic data of macro scales, our study examines the micro-scale relationship of PM $_{2.5}$ concentration and traffic volume. We conduct experiments from four urban streets of Beijing, and reveal two micro-scale rules: (a) the characteristic period of PM $_{2.5}$ concentration approximates the characteristic period of traffic volume, and both of them are significantly affected by the traffic signal cycle; (b) PM $_{2.5}$ concentration exhibits a time delay within 0.3–0.9 minutes with respect to traffic volume. The research will benefit the further study on the evolution of PM $_{2.5}$ concentration and traffic volume, and provide a reference for the mitigation of PM $_{2.5}$ pollution by traffic control as well as practical traffic pollutant regulations in metropolises. [ABSTRACT FROM AUTHOR]