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Correlation Analysis

Apple Inc. vs DGS10

AAPL vs DGS10

+0.593

Moderate positive

When one moves up, the other tends to follow.

AAPL logo

Apple Inc.

AAPL

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Market cap 3.8T

F

DGS10

DGS10

Apr 9, 2021 — Apr 6, 2026Daily1,244 observationsStockFREDTechnology

Time Series

Rebased to 100

Green: AAPLGray: DGS1036 of 1,244 points (sampled)

Who Moves First

AAPL leads DGS10 by 6 days

AAPL tends to move before DGS10.

Best correlation after shifting: +0.593 (13 shifts scanned)

Do They Crash Together?

Correlation by Market Regime

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

-0.036

12 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.646

19 periods · Return correlation when series moved apart

R-Squared

35.2%

Share of variance in one series explained by the other.

Trend Agreement

46.4%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,244

Deep shared window — 1,244 usable pairs.

Significance

p < 0.001

95% CI: [0.556, 0.628]

Scatter

XY Regression

112.2150200250287.61.0123455.17Apple Inc.DGS10Data pointsFit (r = 0.593)

Pipeline

Data quality details

Pipeline Summary

1,244 paired observations survived the daily window.

Raw input

1,254

16,049

Normalized

1,254

16,049

Prepared

1,254

16,049

Aligned

1,244

1,244

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

14,815

A: 10 / B: 14805

Series A

AAPL logo

Apple Inc.

AAPL

Market cap 3.8T

Stock · 1,254 raw → 1,254 prepared

Series B

F

DGS10

FRED · 16,049 raw → 16,049 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

0.0154

Linear regression slope.

Intercept

0.6141

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-aapl-vs-fred-dgs10-daily-20260408-etj6nj