Correlation Analysis
Microsoft Corp vs Coterra Energy Inc.
MSFT vs CTRA
-0.165
Weak 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
Coterra Energy Inc.
↗CTRA
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.
Market cap 26.3B · 1,075 employees
Who Moves First
CTRA leads MSFT by 6 days
CTRA tends to move before MSFT.
Best correlation after shifting: -0.193 (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
-0.151
9 periods · Return correlation when both series rose
Both Falling
-0.357
5 periods · Return correlation when both series fell
Diverging
-0.843
21 periods · Return correlation when series moved apart
R-Squared
2.7%
Share of variance in one series explained by the other.
Trend Agreement
54.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,131
Deep shared window — 1,131 usable pairs.
Significance
p < 0.001
95% CI: [-0.221, -0.108]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,131 paired observations survived the daily window.
Raw input
1,254
1,131
Normalized
1,254
1,131
Prepared
1,254
1,131
Aligned
1,131
1,131
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
123
A: 123 / B: 0
Series A
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
Coterra Energy Inc.
CTRA
Market cap 26.3B · 1,075 employees
Stock · 1,131 raw → 1,131 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
-0.0056
Linear regression slope.
Intercept
28.1839
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 3 hours ago · ID: stock-msft-vs-stock-ctra-daily-20260408-fmf7qf