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Correlation Analysis

Ameriprise Financial, Inc. vs Micron Technology, Inc.

AMP vs MU

+0.488

Moderate positive

When one moves up, the other tends to follow.

AMP logo

Ameriprise Financial, Inc.

AMP

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating income from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third key segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.

Market cap 39B · 13,600 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: AMPGray: MU36 of 1,254 points (sampled)

Who Moves First

AMP leads MU by 6 days

AMP tends to move before MU.

After testing 13 timing shifts, the strongest relationship was +0.499 (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

+0.447

11 periods · Return correlation when both series rose

Both Falling

+0.447

9 periods · Return correlation when both series fell

Diverging

-0.624

15 periods · Return correlation when series moved apart

R-Squared

23.8%

Share of variance in one series explained by the other.

Trend Agreement

63.9%

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: [0.445, 0.529]

Scatter

XY Regression

216.9250300350400450500550563.722100200300400443Ameriprise Financial, Inc.Micron Technology, Inc.Data pointsFit (r = 0.488)

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

AMP logo

Ameriprise Financial, Inc.

AMP

Market cap 39B · 13,600 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

26

Estimated crossover points between normalized spreads.

Slope

0.3855

Linear regression slope.

Intercept

-38.5900

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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