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Correlation Analysis

Apple Inc. vs Texas Instruments Incorporated

AAPL vs TXN

+0.364

Light 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

TXN logo

Texas Instruments Incorporated

TXN

Dallas-based Texas Instruments generates over 95% of its revenue from semiconductors and the remainder from its well-known calculators. Texas Instruments is the world's largest maker of analog chips, which are used to process real-world signals such as sound and power. Texas Instruments also has a leading market share position in processors and microcontrollers used in a wide variety of electronics applications.

Market cap 181.6B

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

Time Series

Relative Performance

Green: AAPLGray: TXN36 of 1,254 points (sampled)

Who Moves First

in sync

AAPL and TXN tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.364 (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

+0.109

13 periods · Return correlation when both series rose

Both Falling

+0.420

12 periods · Return correlation when both series fell

Diverging

-0.665

10 periods · Return correlation when series moved apart

R-Squared

13.3%

Share of variance in one series explained by the other.

Trend Agreement

67.4%

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: [0.315, 0.411]

Scatter

XY Regression

112.3120140160180200220240260280285.6133.9140160180200220229.6Apple Inc.Texas Instruments IncorporatedData pointsFit (r = 0.364)

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

TXN logo

Texas Instruments Incorporated

TXN

Market cap 181.6B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

29

Estimated crossover points between normalized spreads.

Slope

0.1443

Linear regression slope.

Intercept

153.2978

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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