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Correlation Analysis

Alphabet Inc. Class C Capital Stock vs Interactive Brokers Group, Inc. Class A Common Stock

GOOG vs IBKR

+0.896

Very 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

IBKR logo

Interactive Brokers Group, Inc. Class A Common Stock

IBKR

Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 160 electronic exchanges, 36 countries, and 28 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.

Market cap 30.6B · 3,182 employees

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

Time Series

Relative Performance

Green: GOOGGray: IBKR36 of 1,254 points (sampled)

Who Moves First

IBKR leads GOOG by 6 days

IBKR tends to move before GOOG.

After testing 13 timing shifts, the strongest relationship was +0.897 (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

+0.114

16 periods · Return correlation when both series rose

Both Falling

+0.719

6 periods · Return correlation when both series fell

Diverging

-0.378

13 periods · Return correlation when series moved apart

R-Squared

80.4%

Share of variance in one series explained by the other.

Trend Agreement

62.2%

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: [0.885, 0.907]

Scatter

XY Regression

72.7100150200250300326.99.41020304050607077.8Alphabet Inc. Class C Capital StockInteractive Brokers Group, Inc. Class A Common StockData pointsFit (r = 0.896)

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

IBKR logo

Interactive Brokers Group, Inc. Class A Common Stock

IBKR

Market cap 30.6B · 3,182 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

43

Estimated crossover points between normalized spreads.

Slope

0.2876

Linear regression slope.

Intercept

-14.1442

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-goog-vs-stock-ibkr-daily-20260408-q84bhk