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Correlation Analysis

Apple Inc. vs Salesforce, Inc.

AAPL vs CRM

+0.447

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

CRM logo

Salesforce, Inc.

CRM

Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.

Market cap 170.8B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnologyTechnology

Time Series

Relative Performance

Green: AAPLGray: CRM36 of 1,254 points (sampled)

Who Moves First

CRM leads AAPL by 6 days

CRM tends to move before AAPL.

After testing 13 timing shifts, the strongest relationship was +0.457 (they moved in the same direction).

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

+0.164

13 periods · Return correlation when both series rose

Both Falling

+0.682

10 periods · Return correlation when both series fell

Diverging

-0.769

12 periods · Return correlation when series moved apart

R-Squared

19.9%

Share of variance in one series explained by the other.

Trend Agreement

63.0%

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: [0.401, 0.490]

Scatter

XY Regression

112.3120140160180200220240260280285.6113.8150200250300350352.7Apple Inc.Salesforce, Inc.Data pointsFit (r = 0.447)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

CRM logo

Salesforce, Inc.

CRM

Market cap 170.8B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

21

Estimated crossover points between normalized spreads.

Slope

0.5441

Linear regression slope.

Intercept

132.6922

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-aapl-vs-stock-crm-daily-20260408-9v8df3