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Correlation Analysis

Alphabet Inc. Class A Common Stock vs Microsoft Corp

GOOGL vs MSFT

+0.750

Strong positive

When one moves up, the other tends to follow.

GOOGL logo

Alphabet Inc. Class A Common Stock

GOOGL

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

MSFT logo

Microsoft Corp

MSFT

Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

Market cap 2.8T

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

Time Series

Rebased to 100

Green: GOOGLGray: MSFT36 of 1,254 points (sampled)

Who Moves First

MSFT leads GOOGL by 6 days

MSFT tends to move before GOOGL.

Best correlation after shifting: +0.771 (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

+0.341

18 periods · Return correlation when both series rose

Both Falling

+0.535

8 periods · Return correlation when both series fell

Diverging

-0.166

9 periods · Return correlation when series moved apart

R-Squared

56.3%

Share of variance in one series explained by the other.

Trend Agreement

73.1%

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: [0.725, 0.774]

Scatter

XY Regression

72100150200250300326.6208.6250300350400450500549.3Alphabet Inc. Class A Common StockMicrosoft CorpData pointsFit (r = 0.75)

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

GOOGL logo

Alphabet Inc. Class A Common Stock

GOOGL

Market cap 3.6T

Stock · 1,254 raw → 1,254 prepared

Series B

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

8

Estimated crossover points between normalized spreads.

Slope

1.1005

Linear regression slope.

Intercept

184.7661

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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