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Correlation Analysis

Microsoft Corp vs Dick's Sporting Goods, Inc.

MSFT vs DKS

+0.881

Very 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

D

Dick's Sporting Goods, Inc.

DKS

Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.

Market cap 17.8B · 105,200 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

MSFT leads DKS by 6 days

MSFT tends to move before DKS.

Best correlation after shifting: +0.884 (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

+0.243

12 periods · Return correlation when both series rose

Both Falling

+0.234

8 periods · Return correlation when both series fell

Diverging

-0.526

15 periods · Return correlation when series moved apart

R-Squared

77.6%

Share of variance in one series explained by the other.

Trend Agreement

60.5%

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: [0.868, 0.893]

Time Series

Rebased to 100

Green: MSFTGray: DKS36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.369.3100150200250255.4Microsoft CorpDick's Sporting Goods, Inc.Data pointsFit (r = 0.881)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

D

Dick's Sporting Goods, Inc.

DKS

Market cap 17.8B · 105,200 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

68

Estimated crossover points between normalized spreads.

Slope

0.5166

Linear regression slope.

Intercept

-29.3581

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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