Correlation Analysis
DuPont de Nemours, Inc. Common Stock vs Micron Technology, Inc.
DD vs MU
+0.835
Strong positive
When one moves up, the other tends to follow.
DuPont de Nemours, Inc. Common Stock
↗DD
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the healthcare, water, construction, automotive, aerospace, and printing and packaging industries. Healthcare and water will generate the majority of profits.
Market cap 18.6B · 15,000 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
MU leads DD by 6 days
MU tends to move before DD.
After testing 13 timing shifts, the strongest relationship was +0.835 (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
+0.644
14 periods · Return correlation when both series rose
Both Falling
+0.419
13 periods · Return correlation when both series fell
Diverging
-0.665
8 periods · Return correlation when series moved apart
R-Squared
69.7%
Share of variance in one series explained by the other.
Trend Agreement
65.0%
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: [0.817, 0.851]
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
DuPont de Nemours, Inc. Common Stock
DD
Market cap 18.6B · 15,000 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
11
Estimated crossover points between normalized spreads.
Slope
13.3958
Linear regression slope.
Intercept
-317.3496
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
DD
DuPont de Nemours, Inc. Common Stock
Highest
+0.647
Walmart Inc. Common Stock
WMT · 1,254 data points
Lowest
+0.409
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 4 hours ago · ID: stock-dd-vs-stock-mu-daily