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Correlate

Correlation Analysis

Microsoft Corp vs DGS2

MSFT vs DGS2

+0.350

Light positive

When one moves up, the other tends to follow.

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

F

DGS2

DGS2

Apr 9, 2021 — Apr 6, 2026Daily1,244 observationsStockFREDTechnology

Who Moves First

DGS2 leads MSFT by 6 days

DGS2 tends to move before MSFT.

Best correlation after shifting: +0.354 (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

+0.008

15 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.430

16 periods · Return correlation when series moved apart

R-Squared

12.3%

Share of variance in one series explained by the other.

Trend Agreement

48.4%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,244

Deep shared window — 1,244 usable pairs.

Significance

p < 0.001

95% CI: [0.301, 0.398]

Time Series

Rebased to 100

Green: MSFTGray: DGS236 of 1,244 points (sampled)

Scatter

XY Regression

207.3250300350400450500550566.9-0.230123455.42Microsoft CorpDGS2Data pointsFit (r = 0.35)

Pipeline

Data quality details

Pipeline Summary

1,244 paired observations survived the daily window.

Raw input

1,254

12,457

Normalized

1,254

12,457

Prepared

1,254

12,457

Aligned

1,244

1,244

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

11,223

A: 10 / B: 11213

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

F

DGS2

FRED · 12,457 raw → 12,457 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

0.0063

Linear regression slope.

Intercept

1.1349

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-msft-vs-fred-dgs2-daily-20260408-cygneg