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Correlation Analysis

Alphabet Inc. Class C Capital Stock vs Circle Internet Group, Inc.

GOOG vs CRCL

-0.847

Strong inverse

When one moves up, the other tends to move down.

GOOG logo

Alphabet Inc. Class C Capital Stock

GOOG

Alphabet is a holding company that wholly owns internet giant Google. The California-based company derives slightly less than 90% of its revenue from Google services, the vast majority of which is advertising sales. Alongside online ads, Google services houses sales stemming from Google's subscription services (YouTube TV and YouTube Music, among others), platforms (sales and in-app purchases on Play Store), and devices (Chromebooks, Pixel smartphones, and smart home products such as Chromecast). Google's cloud computing platform accounts for roughly 10% of Alphabet's revenue. The firm's investments in up-and-coming technologies such as self-driving cars (Waymo), health (Verily), and internet access (Google Fiber) make up the rest.

Market cap 3.6T · 190,820 employees

CRCL logo

Circle Internet Group, Inc.

CRCL

Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.

Market cap 22.8B · 1,100 employees

Jun 5, 2025 — Apr 7, 2026Daily210 data pointsStockStockTechnology

Time Series

Relative Performance

Green: GOOGGray: CRCL36 of 210 points (sampled)

Who Moves First

GOOG leads CRCL by 6 days

GOOG tends to move before CRCL.

After testing 13 timing shifts, the strongest relationship was -0.885 (they moved in opposite directions).

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

-0.237

10 periods · Return correlation when both series rose

Both Falling

+0.863

6 periods · Return correlation when both series fell

Diverging

-0.346

19 periods · Return correlation when series moved apart

R-Squared

71.7%

Share of variance in one series explained by the other.

Trend Agreement

55.3%

How often both series moved in the same direction period-to-period.

Overlap Quality

210

Usable shared window — 210 usable pairs.

Significance

p < 0.001

95% CI: [-0.881, -0.804]

Scatter

XY Regression

154.4200250300348.441.650100150200236.1Alphabet Inc. Class C Capital StockCircle Internet Group, Inc.Data pointsFit (r = -0.847)

Pipeline

Data quality details

Pipeline Summary

210 paired data points survived the daily window.

Raw input

1,254

210

Normalized

1,254

210

Prepared

1,254

210

Aligned

210

210

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

1,044

A: 1044 / B: 0

Series A

GOOG logo

Alphabet Inc. Class C Capital Stock

GOOG

Market cap 3.6T · 190,820 employees

Stock · 1,254 raw → 1,254 prepared

Series B

CRCL logo

Circle Internet Group, Inc.

CRCL

Market cap 22.8B · 1,100 employees

Stock · 210 raw → 210 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

-0.6974

Linear regression slope.

Intercept

302.2812

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-goog-vs-stock-crcl-daily-20260408-am18wu