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Correlation Analysis

Alphabet Inc. Class C Capital Stock vs Palantir Technologies Inc. Class A Common Stock

GOOG vs PLTR

+0.865

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

PLTR logo

Palantir Technologies Inc. Class A Common Stock

PLTR

Palantir is an artificial intelligence, analytics, and automated decision-making company that leverages data to drive efficiency across its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. Palantir works only with entities in Western-allied nations and reserves the right not to work with anyone that is antithetical to Western values. The company was founded in 2003 and went public in 2020.

Market cap 353.8B · 4,429 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnologyTechnology

Time Series

Rebased to 100

Green: GOOGGray: PLTR36 of 1,254 points (sampled)

Who Moves First

PLTR leads GOOG by 6 days

PLTR tends to move before GOOG.

Best correlation after shifting: +0.872 (13 shifts scanned)

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

+0.547

15 periods · Return correlation when both series rose

Both Falling

+0.807

6 periods · Return correlation when both series fell

Diverging

-0.134

14 periods · Return correlation when series moved apart

R-Squared

74.9%

Share of variance in one series explained by the other.

Trend Agreement

64.7%

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: [0.851, 0.879]

Scatter

XY Regression

72.7100150200250300326.9-8.5050100150200209.6Alphabet Inc. Class C Capital StockPalantir Technologies Inc. Class A Common StockData pointsFit (r = 0.865)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

PLTR logo

Palantir Technologies Inc. Class A Common Stock

PLTR

Market cap 353.8B · 4,429 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

41

Estimated crossover points between normalized spreads.

Slope

0.8578

Linear regression slope.

Intercept

-85.8440

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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