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Correlation Analysis

Apple Inc. vs Coeur Mining, Inc.

AAPL vs CDE

+0.643

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

CDE logo

Coeur Mining, Inc.

CDE

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada, and Mexico generating maximum revenue from United States.

Market cap 19.2B · 2,620 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

AAPL leads CDE by 6 days

AAPL tends to move before CDE.

Best correlation after shifting: +0.643 (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

+0.126

12 periods · Return correlation when both series rose

Both Falling

+0.537

8 periods · Return correlation when both series fell

Diverging

-0.866

15 periods · Return correlation when series moved apart

R-Squared

41.3%

Share of variance in one series explained by the other.

Trend Agreement

54.4%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.609, 0.674]

Time Series

Rebased to 100

Green: AAPLGray: CDE36 of 1,254 points (sampled)

Scatter

XY Regression

112.3120140160180200220240260280285.60.82510152022.43Apple Inc.Coeur Mining, Inc.Data pointsFit (r = 0.643)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

AAPL logo

Apple Inc.

AAPL

Market cap 3.8T

Stock · 1,254 raw → 1,254 prepared

Series B

CDE logo

Coeur Mining, Inc.

CDE

Market cap 19.2B · 2,620 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

19

Estimated crossover points between normalized spreads.

Slope

0.0805

Linear regression slope.

Intercept

-8.3487

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-aapl-vs-stock-cde-daily-20260408-zaffv9