Correlation Analysis
Broadcom Inc. Common Stock vs Dominion Energy, Inc Common Stock
AVGO vs D
-0.353
Light inverse
When one moves up, the other tends to move down.
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
Dominion Energy, Inc Common Stock
↗D
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Market cap 54.7B · 15,200 employees
Time Series
Rebased to 100
Who Moves First
D leads AVGO by 6 days
D tends to move before AVGO.
Best correlation after shifting: -0.363 (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
-0.333
14 periods · Return correlation when both series rose
Both Falling
-0.295
8 periods · Return correlation when both series fell
Diverging
-0.732
13 periods · Return correlation when series moved apart
R-Squared
12.5%
Share of variance in one series explained by the other.
Trend Agreement
50.2%
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: [-0.400, -0.303]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired observations 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
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
Dominion Energy, Inc Common Stock
D
Market cap 54.7B · 15,200 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0424
Linear regression slope.
Intercept
67.9200
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
D
Dominion Energy, Inc Common Stock
Highest
+0.274
Johnson & Johnson
JNJ · 1,254 observations
Lowest
-0.633
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-d-daily-20260408-3klfva