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Correlation Analysis

Microsoft Corp vs Digital Realty Trust, Inc.

MSFT vs DLR

+0.660

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

DLR logo

Digital Realty Trust, Inc.

DLR

Digital Realty is one of the leading providers of cloud- and carrier-neutral data centers, offering colocation and interconnection services to hyperscalers and large businesses. Digital Realty operates 300 properties in 57 metropolitan areas across 31 countries, serving 5,000 customers. Renting physical space accounts for about 90% of Digital Realty's revenue. The firm enables hyperscalers and other clients to store servers, data, and networking equipment. The other 10% of revenue is generated primarily through interconnection services (8%) and other fee income (2%).

Market cap 62.5B · 4,282 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnologyReal Estate

Time Series

Relative Performance

Green: MSFTGray: DLR36 of 1,254 points (sampled)

Who Moves First

MSFT leads DLR by 6 days

MSFT tends to move before DLR.

After testing 13 timing shifts, the strongest relationship was +0.662 (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

+0.440

18 periods · Return correlation when both series rose

Both Falling

+0.612

10 periods · Return correlation when both series fell

Diverging

-0.801

7 periods · Return correlation when series moved apart

R-Squared

43.5%

Share of variance in one series explained by the other.

Trend Agreement

64.2%

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: [0.627, 0.690]

Scatter

XY Regression

208.6250300350400450500549.382.8100120140160180190.2Microsoft CorpDigital Realty Trust, Inc.Data pointsFit (r = 0.66)

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

DLR logo

Digital Realty Trust, Inc.

DLR

Market cap 62.5B · 4,282 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

16

Estimated crossover points between normalized spreads.

Slope

0.1925

Linear regression slope.

Intercept

75.1982

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-msft-vs-stock-dlr-daily-20260408-pl8xch