Correlation Analysis
Apple Inc. vs GE Vernova Inc.
AAPL vs GEV
+0.652
Strong 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
GE Vernova Inc.
↗GEV
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.
Market cap 241.3B · 75,000 employees
Time Series
Rebased to 100
Who Moves First
GEV leads AAPL by 5 days
GEV tends to move before AAPL.
Best correlation after shifting: +0.654 (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
-0.525
15 periods · Return correlation when both series rose
Both Falling
+0.557
5 periods · Return correlation when both series fell
Diverging
-0.732
15 periods · Return correlation when series moved apart
R-Squared
42.5%
Share of variance in one series explained by the other.
Trend Agreement
56.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
505
Robust shared window — 505 usable pairs.
Significance
p < 0.001
95% CI: [0.599, 0.699]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
505 paired observations survived the daily window.
Raw input
1,254
505
Normalized
1,254
505
Prepared
1,254
505
Aligned
505
505
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
749
A: 749 / B: 0
Series A
Apple Inc.
AAPL
Market cap 3.8T
Stock · 1,254 raw → 1,254 prepared
Series B
GE Vernova Inc.
GEV
Market cap 241.3B · 75,000 employees
Stock · 505 raw → 505 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
5.0522
Linear regression slope.
Intercept
-728.3033
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-aapl-vs-stock-gev-daily-20260408-hgg4nn