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Correlation Analysis

Capital One Financial vs Micron Technology, Inc.

COF vs MU

+0.627

Moderate positive

When one moves up, the other tends to follow.

COF logo

Capital One Financial

COF

Capital One is a diversified financial services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Following the acquisition of Discover in 2025, the firm also has a modest personal loan business, though credit card lending provides the majority of the bank's revenue.

Market cap 114.6B · 76,300 employees

MU logo

Micron Technology, Inc.

MU

Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.

Market cap 426B · 53,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancialsTechnology

Time Series

Relative Performance

Green: COFGray: MU36 of 1,254 points (sampled)

Who Moves First

COF leads MU by 6 days

COF tends to move before MU.

After testing 13 timing shifts, the strongest relationship was +0.646 (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

+0.110

11 periods · Return correlation when both series rose

Both Falling

+0.590

13 periods · Return correlation when both series fell

Diverging

-0.772

11 periods · Return correlation when series moved apart

R-Squared

39.3%

Share of variance in one series explained by the other.

Trend Agreement

62.9%

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: [0.592, 0.659]

Scatter

XY Regression

77.4100150200250256.122100200300400443Capital One FinancialMicron Technology, Inc.Data pointsFit (r = 0.627)

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

COF logo

Capital One Financial

COF

Market cap 114.6B · 76,300 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MU logo

Micron Technology, Inc.

MU

Market cap 426B · 53,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

44

Estimated crossover points between normalized spreads.

Slope

1.1884

Linear regression slope.

Intercept

-70.0955

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-cof-vs-stock-mu-daily