Correlation Analysis
Broadcom Inc. Common Stock vs Astera Labs, Inc. Common Stock
AVGO vs ALAB
+0.856
Very strong positive
When one moves up, the other tends to follow.
Broadcom Inc. Common Stock
↗AVGO
Broadcom is one of the largest semiconductor companies in the world and has also expanded into infrastructure software. Its semiconductors primarily serve computing and networking, with custom AI accelerators now accounting for the bulk of the business. It is primarily a fabless designer, but holds some manufacturing in-house, such as for its best-of-breed film bulk acoustic resonator filters that sell into the Apple iPhone. In software, it sells virtualization, infrastructure, and security software to large enterprises, financial institutions, and governments. Broadcom is the product of consolidation. Its businesses are an amalgamation of former companies like legacy Broadcom and Avago Technologies in chips, as well as VMware, Brocade, CA Technologies, and Symantec in software.
Market cap 1.5T
Astera Labs, Inc. Common Stock
↗ALAB
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
Market cap 20.1B · 756 employees
Time Series
Rebased to 100
Who Moves First
in sync
AVGO and ALAB tend to move at the same time.
Best correlation after shifting: +0.856 (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
+0.093
14 periods · Return correlation when both series rose
Both Falling
-0.239
11 periods · Return correlation when both series fell
Diverging
-0.462
10 periods · Return correlation when series moved apart
R-Squared
73.3%
Share of variance in one series explained by the other.
Trend Agreement
65.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
513
Robust shared window — 513 usable pairs.
Significance
p < 0.001
95% CI: [0.831, 0.878]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
513 paired observations survived the daily window.
Raw input
1,254
513
Normalized
1,254
513
Prepared
1,254
513
Aligned
513
513
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
741
A: 741 / B: 0
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
Astera Labs, Inc. Common Stock
ALAB
Market cap 20.1B · 756 employees
Stock · 513 raw → 513 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
0.5256
Linear regression slope.
Intercept
-18.1975
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
AVGO
Broadcom Inc. Common Stock
Highest
+0.981
GE Aerospace
GE · 1,254 observations
Lowest
-0.903
The Kraft Heinz Company Common Stock
KHC · 1,254 observations
ALAB
Astera Labs, Inc. Common Stock
Highest
+0.825
JPMorgan Chase & Co.
JPM · 513 observations
Lowest
+0.095
Eli Lilly & Co.
LLY · 513 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-alab-daily-20260408-4hyyv4