Correlation Analysis
Microsoft Corp vs GE HealthCare Technologies Inc. Common Stock
MSFT vs GEHC
+0.246
Light positive
When one moves up, the other tends to follow.
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
GE HealthCare Technologies Inc. Common Stock
↗GEHC
GE HealthCare Technologies is a leading medical technology firm with leading market share in imaging and ultrasound equipment. The company reports four major segments: imaging (45% of revenue), advanced visualization solutions (26%), patient care solutions (15%), and pharmaceutical diagnostics (14%). The company's sales are geographically diverse, with the United States, EMEA, China, and the rest of the world accounting for 46%, 26%, 11%, and 17% respectively. We estimate approximately half of its revenue is recurring, which consists of servicing (about one third of revenue), pharmaceutical diagnostics (about 10%-15%), and digital solutions (just over 5%).
Market cap 32.1B · 54,000 employees
Who Moves First
in sync
MSFT and GEHC tend to move at the same time.
Best correlation after shifting: +0.246 (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
+0.111
10 periods · Return correlation when both series rose
Both Falling
-0.265
10 periods · Return correlation when both series fell
Diverging
-0.789
15 periods · Return correlation when series moved apart
R-Squared
6.1%
Share of variance in one series explained by the other.
Trend Agreement
58.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
816
Deep shared window — 816 usable pairs.
Significance
p < 0.001
95% CI: [0.181, 0.310]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
816 paired observations survived the daily window.
Raw input
1,254
816
Normalized
1,254
816
Prepared
1,254
816
Aligned
816
816
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
438
A: 438 / B: 0
Series A
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
GE HealthCare Technologies Inc. Common Stock
GEHC
Market cap 32.1B · 54,000 employees
Stock · 816 raw → 816 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
34
Estimated crossover points between normalized spreads.
Slope
0.0250
Linear regression slope.
Intercept
67.9935
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MSFT
Microsoft Corp
Highest
+0.938
Cadence Design Systems
CDNS · 1,254 observations
Lowest
-0.867
Bristol-Myers Squibb Co.
BMY · 1,254 observations
GEHC
GE HealthCare Technologies Inc. Common Stock
Highest
+0.376
Eli Lilly & Co.
LLY · 816 observations
Lowest
-0.023
Johnson & Johnson
JNJ · 816 observations
Saved 3 hours ago · ID: stock-msft-vs-stock-gehc-daily-20260408-4cq1de