Correlation Analysis
Robinhood Markets, Inc. Class A Common Stock vs Micron Technology, Inc.
HOOD vs MU
+0.661
Strong positive
When one moves up, the other tends to follow.
Robinhood Markets, Inc. Class A Common Stock
↗HOOD
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.
Market cap 62.8B · 2,900 employees
Micron Technology, Inc.
↗MU
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Market cap 426B · 53,000 employees
Time Series
Relative Performance
Who Moves First
HOOD leads MU by 6 days
HOOD tends to move before MU.
After testing 13 timing shifts, the strongest relationship was +0.686 (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
+0.574
13 periods · Return correlation when both series rose
Both Falling
+0.133
9 periods · Return correlation when both series fell
Diverging
-0.888
13 periods · Return correlation when series moved apart
R-Squared
43.7%
Share of variance in one series explained by the other.
Trend Agreement
65.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,177
Deep shared window — 1,177 usable pairs.
Significance
p < 0.001
95% CI: [0.627, 0.692]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,177 paired data points survived the daily window.
Raw input
1,177
1,254
Normalized
1,177
1,254
Prepared
1,177
1,254
Aligned
1,177
1,177
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
77
A: 0 / B: 77
Series A
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 62.8B · 2,900 employees
Stock · 1,177 raw → 1,177 prepared
Series B
Micron Technology, Inc.
MU
Market cap 426B · 53,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
1.4392
Linear regression slope.
Intercept
57.2139
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
HOOD
Robinhood Markets, Inc. Class A Common Stock
Highest
+0.884
JPMorgan Chase & Co.
JPM · 1,177 data points
Lowest
+0.288
Exxon Mobil Corporation
XOM · 1,177 data points
Saved 6 hours ago · ID: stock-hood-vs-stock-mu-daily