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Correlation Analysis

Microsoft Corp vs Casey's General Stores Inc

MSFT vs CASY

+0.811

Strong 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

CASY logo

Casey's General Stores Inc

CASY

Casey's General Stores Inc serves as convenience store chain with its 2,900 locations, positioned in the Midwest United States. About half of Casey's stores are located in rural towns with populations under 5,000. While fueling stations serve as a key traffic driver, about two-thirds of the company's gross profit stems from in-store sales of grocery items, prepared meals, and general merchandise. Casey's owns more than 90% of its stores and operates the majority of its warehousing and distribution processes internally.

Market cap 27.6B · 49,272 employees

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

Time Series

Relative Performance

Green: MSFTGray: CASY36 of 1,254 points (sampled)

Who Moves First

MSFT leads CASY by 6 days

MSFT tends to move before CASY.

After testing 13 timing shifts, the strongest relationship was +0.823 (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

+0.288

14 periods · Return correlation when both series rose

Both Falling

+0.596

6 periods · Return correlation when both series fell

Diverging

-0.847

15 periods · Return correlation when series moved apart

R-Squared

65.8%

Share of variance in one series explained by the other.

Trend Agreement

55.5%

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: [0.792, 0.829]

Scatter

XY Regression

208.6250300350400450500549.3138200300400500600700787Microsoft CorpCasey's General Stores IncData pointsFit (r = 0.811)

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

CASY logo

Casey's General Stores Inc

CASY

Market cap 27.6B · 49,272 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

40

Estimated crossover points between normalized spreads.

Slope

1.3243

Linear regression slope.

Intercept

-152.8867

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-msft-vs-stock-casy-daily-20260408-6s47f0