Correlation Analysis
Broadcom Inc. Common Stock vs Reddit, Inc.
AVGO vs RDDT
+0.841
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
Reddit, Inc.
↗RDDT
Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.
Market cap 26.4B · 2,555 employees
Time Series
Rebased to 100
Who Moves First
in sync
AVGO and RDDT tend to move at the same time.
Best correlation after shifting: +0.841 (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
-0.012
15 periods · Return correlation when both series rose
Both Falling
+0.527
7 periods · Return correlation when both series fell
Diverging
-0.776
13 periods · Return correlation when series moved apart
R-Squared
70.7%
Share of variance in one series explained by the other.
Trend Agreement
61.4%
How often both series moved in the same direction period-to-period.
Overlap Quality
512
Robust shared window — 512 usable pairs.
Significance
p < 0.001
95% CI: [0.814, 0.865]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
512 paired observations survived the daily window.
Raw input
1,254
512
Normalized
1,254
512
Prepared
1,254
512
Aligned
512
512
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
742
A: 742 / B: 0
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
Reddit, Inc.
RDDT
Market cap 26.4B · 2,555 employees
Stock · 512 raw → 512 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
35
Estimated crossover points between normalized spreads.
Slope
0.6664
Linear regression slope.
Intercept
-21.9376
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-avgo-vs-stock-rddt-daily-20260408-yns628