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Correlation Analysis

Alphabet Inc. Class C Capital Stock vs CrowdStrike Holdings, Inc. Class A Common Stock

GOOG vs CRWD

+0.833

Strong positive

When one moves up, the other tends to follow.

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

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.

Market cap 101.1B · 10,698 employees

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

Time Series

Relative Performance

Green: GOOGGray: CRWD36 of 1,254 points (sampled)

Who Moves First

CRWD leads GOOG by 6 days

CRWD tends to move before GOOG.

After testing 13 timing shifts, the strongest relationship was +0.839 (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

+0.625

17 periods · Return correlation when both series rose

Both Falling

+0.840

7 periods · Return correlation when both series fell

Diverging

-0.476

11 periods · Return correlation when series moved apart

R-Squared

69.3%

Share of variance in one series explained by the other.

Trend Agreement

64.8%

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: [0.815, 0.849]

Scatter

XY Regression

72.7100150200250300326.973100200300400500573Alphabet Inc. Class C Capital StockCrowdStrike Holdings, Inc. Class A Common StockData pointsFit (r = 0.833)

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

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

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

Market cap 101.1B · 10,698 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

29

Estimated crossover points between normalized spreads.

Slope

1.7229

Linear regression slope.

Intercept

1.5840

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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