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Correlation Analysis

Alphabet Inc. Class C Capital Stock vs UNITEDHEALTH GROUP INCORPORATED (Delaware)

GOOG vs UNH

-0.600

Moderate 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

UNH logo

UNITEDHEALTH GROUP INCORPORATED (Delaware)

UNH

UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2025. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to affiliates and third parties.

Market cap 255.4B

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

Time Series

Rebased to 100

Green: GOOGGray: UNH36 of 1,254 points (sampled)

Who Moves First

UNH leads GOOG by 6 days

UNH tends to move before GOOG.

Best correlation after shifting: -0.604 (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

+0.283

11 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.524

20 periods · Return correlation when series moved apart

R-Squared

36.0%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

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: [-0.634, -0.563]

Scatter

XY Regression

72.7100150200250300326.9257.2300350400450500550600619.1Alphabet Inc. Class C Capital StockUNITEDHEALTH GROUP INCORPORATED (Delaware)Data pointsFit (r = -0.6)

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

UNH logo

UNITEDHEALTH GROUP INCORPORATED (Delaware)

UNH

Market cap 255.4B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

22

Estimated crossover points between normalized spreads.

Slope

-0.8943

Linear regression slope.

Intercept

605.0227

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-goog-vs-stock-unh-daily-20260408-338wki