Correlation Analysis
Apple Inc. vs Veralto Corporation
AAPL vs VLTO
+0.546
Moderate 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
Veralto Corporation
↗VLTO
Veralto is a diversified industrial firm organized into two segments: water quality, product quality, and innovation. The water quality segment offers water analytics and water treatment solutions, while the product quality and innovation segment offers coding, packaging, and color solutions for consumer packaged goods and pharmaceuticals. Headquartered in Waltham, Massachusetts, the company has around 17,000 employees. Veralto generated approximately $5.5 billion in revenue in 2025.
Market cap 21.8B · 17,000 employees
Time Series
Rebased to 100
Who Moves First
VLTO leads AAPL by 6 days
VLTO tends to move before AAPL.
Best correlation after shifting: +0.571 (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
-0.450
12 periods · Return correlation when both series rose
Both Falling
+0.241
6 periods · Return correlation when both series fell
Diverging
-0.755
17 periods · Return correlation when series moved apart
R-Squared
29.8%
Share of variance in one series explained by the other.
Trend Agreement
55.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
630
Robust shared window — 630 usable pairs.
Significance
p < 0.001
95% CI: [0.489, 0.599]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
630 paired observations survived the daily window.
Raw input
1,254
630
Normalized
1,254
630
Prepared
1,254
630
Aligned
630
630
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
624
A: 624 / B: 0
Series A
Apple Inc.
AAPL
Market cap 3.8T
Stock · 1,254 raw → 1,254 prepared
Series B
Veralto Corporation
VLTO
Market cap 21.8B · 17,000 employees
Stock · 630 raw → 630 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
25
Estimated crossover points between normalized spreads.
Slope
0.1877
Linear regression slope.
Intercept
55.0183
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-aapl-vs-stock-vlto-daily-20260408-dzbf5i