Correlation Analysis
Microsoft Corp vs Coherent Corp.
MSFT vs COHR
-0.207
Light inverse
When one moves up, the other tends to move down.
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
Coherent Corp.
↗COHR
Coherent Corp is a vertically integrated manufacturing company that develops, manufactures, and markets lasers, transceivers, and other optical and optoelectronic devices, modules, and systems, as well as engineered materials, for use in the communications, industrial, instrumentation, and electronics markets. Its reporting segments are Datacenter Communications and Industrial. Its geographic areas are North America, Europe, China, Japan, and the rest of the world.
Market cap 47.5B · 30,000 employees
Time Series
Rebased to 100
Who Moves First
COHR leads MSFT by 6 days
COHR tends to move before MSFT.
Best correlation after shifting: -0.232 (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
+0.519
11 periods · Return correlation when both series rose
Both Falling
+0.442
9 periods · Return correlation when both series fell
Diverging
-0.238
15 periods · Return correlation when series moved apart
R-Squared
4.3%
Share of variance in one series explained by the other.
Trend Agreement
65.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,207
Deep shared window — 1,207 usable pairs.
Significance
p < 0.001
95% CI: [-0.261, -0.153]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,207 paired observations survived the daily window.
Raw input
1,254
1,207
Normalized
1,254
1,207
Prepared
1,254
1,207
Aligned
1,207
1,207
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
47
A: 47 / B: 0
Series A
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
Coherent Corp.
COHR
Market cap 47.5B · 30,000 employees
Stock · 1,207 raw → 1,207 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
-0.2269
Linear regression slope.
Intercept
207.8845
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-msft-vs-stock-cohr-daily-20260408-6b9iwv