Correlation Analysis
Alliant Energy Corporation Common Stock vs Micron Technology, Inc.
LNT vs MU
+0.600
Moderate positive
When one moves up, the other tends to follow.
Alliant Energy Corporation Common Stock
↗LNT
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light. Together, IPL and WPL serve nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission.
Market cap 18.7B · 2,948 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
MU leads LNT by 6 days
MU tends to move before LNT.
After testing 13 timing shifts, the strongest relationship was +0.603 (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
+0.732
9 periods · Return correlation when both series rose
Both Falling
-0.266
7 periods · Return correlation when both series fell
Diverging
-0.603
19 periods · Return correlation when series moved apart
R-Squared
36.0%
Share of variance in one series explained by the other.
Trend Agreement
49.4%
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: [0.564, 0.635]
Scatter
XY Regression
Pipeline
Data quality details
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
Alliant Energy Corporation Common Stock
LNT
Market cap 18.7B · 2,948 employees
Stock · 1,254 raw → 1,254 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
21
Estimated crossover points between normalized spreads.
Slope
8.0020
Linear regression slope.
Intercept
-355.3477
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
LNT
Alliant Energy Corporation Common Stock
Highest
+0.729
Tesla, Inc. Common Stock
TSLA · 1,254 data points
Lowest
+0.169
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-lnt-vs-stock-mu-daily