Correlation Analysis
Apple Inc. vs DGS2
AAPL vs DGS2
+0.384
Light positive
When one moves up, the other tends to follow.
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
DGS2
DGS2
Who Moves First
in sync
AAPL and DGS2 tend to move at the same time.
Best correlation after shifting: +0.384 (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
-0.106
14 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.590
17 periods · Return correlation when series moved apart
R-Squared
14.7%
Share of variance in one series explained by the other.
Trend Agreement
48.6%
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: [0.335, 0.430]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,244 paired observations survived the daily window.
Raw input
1,254
12,457
Normalized
1,254
12,457
Prepared
1,254
12,457
Aligned
1,244
1,244
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11,223
A: 10 / B: 11213
Series A
Apple Inc.
AAPL
Market cap 3.8T
Stock · 1,254 raw → 1,254 prepared
Series B
DGS2
FRED · 12,457 raw → 12,457 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.0142
Linear regression slope.
Intercept
0.7063
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-aapl-vs-fred-dgs2-daily-20260408-jwskb6