Correlation Analysis
LyondellBasell Industries N.V. Class A vs Micron Technology, Inc.
LYB vs MU
-0.562
Moderate inverse
When one moves up, the other tends to move down.
LyondellBasell Industries N.V. Class A
↗LYB
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production comes from its North American operations.
Market cap 25.3B · 18,970 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
LYB leads MU by 6 days
LYB tends to move before MU.
After testing 13 timing shifts, the strongest relationship was -0.599 (they moved in opposite directions).
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
+0.403
7 periods · Return correlation when both series rose
Both Falling
+0.064
12 periods · Return correlation when both series fell
Diverging
-0.756
16 periods · Return correlation when series moved apart
R-Squared
31.6%
Share of variance in one series explained by the other.
Trend Agreement
58.6%
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: [-0.599, -0.523]
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
LyondellBasell Industries N.V. Class A
LYB
Market cap 25.3B · 18,970 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
27
Estimated crossover points between normalized spreads.
Slope
-2.4318
Linear regression slope.
Intercept
315.3271
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
LYB
LyondellBasell Industries N.V. Class A
Highest
-0.412
Johnson & Johnson
JNJ · 1,254 data points
Lowest
-0.831
Broadcom Inc. Common Stock
AVGO · 1,254 data points
Saved 7 hours ago · ID: stock-lyb-vs-stock-mu-daily