Correlation Analysis
Microsoft Corp vs GlobalFoundries Inc. Ordinary Shares
MSFT vs GFS
-0.717
Strong 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
GlobalFoundries Inc. Ordinary Shares
↗GFS
GlobalFoundries is a top-five contract semiconductor manufacturer globally. It was originally the manufacturing arm of Advanced Micro Devices before it was spun out in 2009. The foundry sells chips into a range of end markets including smartphones, PCs, Internet of Things, data centers, automotive, industrial, and so on, but primarily focuses on more mature process technologies. Until 2021, the firm was privately held by Mubadala Investment, the sovereign wealth fund of the United Arab Emirates, which remains its controlling shareholder today. GlobalFoundries merged with Chartered Semiconductor Manufacturing in 2009 and acquired IBM's chipmaking business in 2015. GF is headquartered in Malta, New York, and has about 13,000 staff.
Market cap 23.9B · 14,000 employees
Time Series
Rebased to 100
Who Moves First
MSFT leads GFS by 6 days
MSFT tends to move before GFS.
Best correlation after shifting: -0.733 (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
-0.349
10 periods · Return correlation when both series rose
Both Falling
+0.002
10 periods · Return correlation when both series fell
Diverging
-0.671
15 periods · Return correlation when series moved apart
R-Squared
51.4%
Share of variance in one series explained by the other.
Trend Agreement
64.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,113
Deep shared window — 1,113 usable pairs.
Significance
p < 0.001
95% CI: [-0.745, -0.687]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,113 paired observations survived the daily window.
Raw input
1,254
1,113
Normalized
1,254
1,113
Prepared
1,254
1,113
Aligned
1,113
1,113
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
141
A: 141 / B: 0
Series A
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
GlobalFoundries Inc. Ordinary Shares
GFS
Market cap 23.9B · 14,000 employees
Stock · 1,113 raw → 1,113 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.0876
Linear regression slope.
Intercept
82.5759
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
GFS
GlobalFoundries Inc. Ordinary Shares
Highest
-0.197
Johnson & Johnson
JNJ · 1,113 observations
Lowest
-0.807
Mastercard Incorporated
MA · 1,113 observations
Saved 3 hours ago · ID: stock-msft-vs-stock-gfs-daily-20260408-tochqg