Correlation Analysis
Broadcom Inc. Common Stock vs Monolithic Power Systems, Inc.
AVGO vs MPWR
+0.874
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
Monolithic Power Systems, Inc.
↗MPWR
Monolithic Power Systems is an analog and mixed-signal chipmaker specializing in power management solutions. Its mission is to reduce total energy consumption in end systems. It serves the computing, automotive, industrial, communications, and consumer end markets. MPS uses a fabless manufacturing model, partnering with third-party chip foundries to host its proprietary BCD process technology.
Market cap 58B · 4,501 employees
Time Series
Relative Performance
Who Moves First
in sync
AVGO and MPWR tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.874 (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
+0.412
19 periods · Return correlation when both series rose
Both Falling
+0.820
9 periods · Return correlation when both series fell
Diverging
-0.951
7 periods · Return correlation when series moved apart
R-Squared
76.4%
Share of variance in one series explained by the other.
Trend Agreement
75.5%
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: [0.860, 0.887]
Scatter
XY Regression
Pipeline
Data quality details
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
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
Monolithic Power Systems, Inc.
MPWR
Market cap 58B · 4,501 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
33
Estimated crossover points between normalized spreads.
Slope
1.8428
Linear regression slope.
Intercept
354.4019
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
AVGO
Broadcom Inc. Common Stock
Highest
+0.981
GE Aerospace
GE · 1,254 data points
Lowest
-0.903
The Kraft Heinz Company Common Stock
KHC · 1,254 data points
MPWR
Monolithic Power Systems, Inc.
Highest
+0.901
Nvidia Corp
NVDA · 1,254 data points
Lowest
+0.475
Johnson & Johnson
JNJ · 1,254 data points
Saved 5 hours ago · ID: stock-avgo-vs-stock-mpwr-daily-20260408-8fraf2