Correlation Analysis
Broadcom Inc. Common Stock vs VICI Properties Inc. Common Stock
AVGO vs VICI
-0.073
Weak 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
VICI Properties Inc. Common Stock
↗VICI
VICI Properties Inc is a real estate investment trust based in the United States. It engaged in the business of owning and acquiring gaming, hospitality, wellness, entertainment and leisure destinations, subject to long-term triple net leases. It own nearly 93 experiential assets across a geographically portfolio consisting of nearly 54 gaming properties and nearly 39 other experiential properties across the United States and Canada, including Caesars Palace Las Vegas, MGM Grand and the Venetian Resort Las Vegas.
Market cap 29.6B · 28 employees
Time Series
Rebased to 100
Who Moves First
AVGO leads VICI by 6 days
AVGO tends to move before VICI.
Best correlation after shifting: -0.084 (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
-0.132
12 periods · Return correlation when both series rose
Both Falling
-0.159
5 periods · Return correlation when both series fell
Diverging
-0.444
18 periods · Return correlation when series moved apart
R-Squared
0.5%
Share of variance in one series explained by the other.
Trend Agreement
57.7%
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 < 0.01
95% CI: [-0.128, -0.018]
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
VICI Properties Inc. Common Stock
VICI
Market cap 29.6B · 28 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
-0.0014
Linear regression slope.
Intercept
30.9224
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
VICI
VICI Properties Inc. Common Stock
Highest
+0.090
Exxon Mobil Corporation
XOM · 1,254 observations
Lowest
-0.330
Micron Technology, Inc.
MU · 1,254 observations
Saved 3 hours ago · ID: stock-avgo-vs-stock-vici-daily-20260408-vuiqk6