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Correlation Analysis

Airbnb, Inc. Class A Common Stock vs Micron Technology, Inc.

ABNB vs MU

+0.005

Near-zero positive

When one moves up, the other tends to follow.

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Airbnb is the world's largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb's platform offers over 9 million active accommodation listings. Listings from the company's 5 million-plus hosts are spread over almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.

Market cap 76B · 8,200 employees

MU logo

Micron Technology, Inc.

MU

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Market cap 426B · 53,000 employees

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

Time Series

Relative Performance

Green: ABNBGray: MU36 of 1,254 points (sampled)

Who Moves First

in sync

ABNB and MU tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.005 (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

-0.341

11 periods · Return correlation when both series rose

Both Falling

+0.100

13 periods · Return correlation when both series fell

Diverging

-0.580

11 periods · Return correlation when series moved apart

R-Squared

0.0%

Share of variance in one series explained by the other.

Trend Agreement

63.6%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

n.s.

95% CI: [-0.050, 0.060]

Scatter

XY Regression

79.780100120140160180186.922100200300400443Airbnb, Inc. Class A Common StockMicron Technology, Inc.Data pointsFit (r = 0.005)

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

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Market cap 76B · 8,200 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MU logo

Micron Technology, Inc.

MU

Market cap 426B · 53,000 employees

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

0.0185

Linear regression slope.

Intercept

104.6120

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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