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Correlation Analysis

Apple Inc. vs Digital Realty Trust, Inc.

AAPL vs DLR

+0.594

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

DLR logo

Digital Realty Trust, Inc.

DLR

Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).

Market cap 62.5B · 4,282 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnologyReal Estate

Who Moves First

in sync

AAPL and DLR tend to move at the same time.

Best correlation after shifting: +0.594 (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

+0.015

14 periods · Return correlation when both series rose

Both Falling

+0.257

7 periods · Return correlation when both series fell

Diverging

-0.468

14 periods · Return correlation when series moved apart

R-Squared

35.3%

Share of variance in one series explained by the other.

Trend Agreement

60.7%

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: [0.557, 0.629]

Time Series

Rebased to 100

Green: AAPLGray: DLR36 of 1,254 points (sampled)

Scatter

XY Regression

112.3120140160180200220240260280285.682.8100120140160180190.2Apple Inc.Digital Realty Trust, Inc.Data pointsFit (r = 0.594)

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

DLR logo

Digital Realty Trust, Inc.

DLR

Market cap 62.5B · 4,282 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

33

Estimated crossover points between normalized spreads.

Slope

0.3579

Linear regression slope.

Intercept

76.7329

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-aapl-vs-stock-dlr-daily-20260408-od46l1