Correlation Analysis
Corteva, Inc. Common Stock vs Micron Technology, Inc.
CTVA vs MU
+0.558
Moderate positive
When one moves up, the other tends to follow.
Corteva, Inc. Common Stock
↗CTVA
Corteva is an agricultural inputs pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop protection products. Seeds generate the majority of profits with the remainder coming from crop protection products. Corteva plans to spin off its seeds business in late 2026 and will become a pure-play crop protection company following the divestiture. Corteva operates globally, but around half of revenue comes from North America.
Market cap 56.6B · 21,500 employees
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
Time Series
Relative Performance
Who Moves First
in sync
CTVA and MU tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.558 (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
+0.210
10 periods · Return correlation when both series rose
Both Falling
+0.319
10 periods · Return correlation when both series fell
Diverging
-0.758
15 periods · Return correlation when series moved apart
R-Squared
31.1%
Share of variance in one series explained by the other.
Trend Agreement
55.5%
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: [0.518, 0.595]
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
Corteva, Inc. Common Stock
CTVA
Market cap 56.6B · 21,500 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
27
Estimated crossover points between normalized spreads.
Slope
4.7801
Linear regression slope.
Intercept
-167.5033
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
CTVA
Corteva, Inc. Common Stock
Highest
+0.739
Exxon Mobil Corporation
XOM · 1,254 data points
Lowest
+0.487
Johnson & Johnson
JNJ · 1,254 data points
Saved 7 hours ago · ID: stock-ctva-vs-stock-mu-daily