Correlation Analysis
Broadcom Inc. Common Stock vs SoFi Technologies, Inc. Common Stock
AVGO vs SOFI
+0.707
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
SoFi Technologies, Inc. Common Stock
↗SOFI
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Market cap 20.7B · 6,100 employees
Time Series
Rebased to 100
Who Moves First
AVGO leads SOFI by 6 days
AVGO tends to move before SOFI.
Best correlation after shifting: +0.718 (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
+0.083
10 periods · Return correlation when both series rose
Both Falling
+0.301
11 periods · Return correlation when both series fell
Diverging
-0.112
14 periods · Return correlation when series moved apart
R-Squared
49.9%
Share of variance in one series explained by the other.
Trend Agreement
62.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,218
Deep shared window — 1,218 usable pairs.
Significance
p < 0.001
95% CI: [0.677, 0.734]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,218 paired observations survived the daily window.
Raw input
1,254
1,218
Normalized
1,254
1,218
Prepared
1,254
1,218
Aligned
1,218
1,218
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
36
A: 36 / B: 0
Series A
Broadcom Inc. Common Stock
AVGO
Market cap 1.5T
Stock · 1,254 raw → 1,254 prepared
Series B
SoFi Technologies, Inc. Common Stock
SOFI
Market cap 20.7B · 6,100 employees
Stock · 1,218 raw → 1,218 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
0.0479
Linear regression slope.
Intercept
5.5643
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
SOFI
SoFi Technologies, Inc. Common Stock
Highest
+0.778
Tesla, Inc. Common Stock
TSLA · 1,218 observations
Lowest
-0.006
Exxon Mobil Corporation
XOM · 1,218 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-sofi-daily-20260408-6n2g92