Correlation Analysis
Medline Inc. Class A common stock vs Micron Technology, Inc.
MDLN vs MU
+0.481
Moderate positive
When one moves up, the other tends to follow.
Medline Inc. Class A common stock
↗MDLN
Medline is the largest medical-surgical products and supply chain solutions provider in the US. The company generates over 90% of its revenue domestically and serves some of the largest US health systems. Medline offers approximately 190,000 Medline-branded products across more than 250 product families—including front line care, surgical solutions, and laboratory and diagnostics—as well as roughly 150,000 third-party products sourced from over 1,250 vendors. The company maintains prime vendor relationships with many customers, acting as the primary consolidated logistics partner for their medical-surgical needs. Medline has significant scale, supported by more than 30 manufacturing facilities and a fleet of over 2,000 owned delivery trucks. Medline went public in December 2025.
Market cap 35.6B · 45,000 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
in sync
MDLN and MU tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.481 (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
-0.024
13 periods · Return correlation when both series rose
Both Falling
-0.465
9 periods · Return correlation when both series fell
Diverging
-0.543
13 periods · Return correlation when series moved apart
R-Squared
23.2%
Share of variance in one series explained by the other.
Trend Agreement
51.4%
How often both series moved in the same direction period-to-period.
Overlap Quality
75
Thin shared window — 75 usable pairs.
Significance
p < 0.001
95% CI: [0.286, 0.639]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
75 paired data points survived the daily window.
Raw input
75
1,254
Normalized
75
1,254
Prepared
75
1,254
Aligned
75
75
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,179
A: 0 / B: 1179
Series A
Medline Inc. Class A common stock
MDLN
Market cap 35.6B · 45,000 employees
Stock · 75 raw → 75 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
7
Estimated crossover points between normalized spreads.
Slope
10.5198
Linear regression slope.
Intercept
-86.6440
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MDLN
Medline Inc. Class A common stock
Highest
+0.529
Johnson & Johnson
JNJ · 75 data points
Lowest
-0.600
NetFlix Inc
NFLX · 75 data points
Saved 9 hours ago · ID: stock-mdln-vs-stock-mu-daily