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Correlate

Correlation Analysis

Microsoft Corp vs Bloom Energy Corporation

MSFT vs BE

+0.383

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

BE logo

Bloom Energy Corporation

BE

Bloom Energy designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. Bloom sells its systems in the United States and internationally.

Market cap 37.9B · 2,214 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnology

Time Series

Relative Performance

Green: MSFTGray: BE36 of 1,254 points (sampled)

Who Moves First

MSFT leads BE by 6 days

MSFT tends to move before BE.

After testing 13 timing shifts, the strongest relationship was +0.412 (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

-0.047

14 periods · Return correlation when both series rose

Both Falling

+0.392

10 periods · Return correlation when both series fell

Diverging

-0.761

11 periods · Return correlation when series moved apart

R-Squared

14.7%

Share of variance in one series explained by the other.

Trend Agreement

59.6%

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: [0.335, 0.429]

Scatter

XY Regression

208.6250300350400450500549.3-0.6020406080100120140149.4Microsoft CorpBloom Energy CorporationData pointsFit (r = 0.383)

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

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

BE logo

Bloom Energy Corporation

BE

Market cap 37.9B · 2,214 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

14

Estimated crossover points between normalized spreads.

Slope

0.1562

Linear regression slope.

Intercept

-25.0827

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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