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Correlation Analysis

Microsoft Corp vs Hologic Inc

MSFT vs HOLX

-0.109

Weak inverse

When one moves up, the other tends to move down.

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

HOLX logo

Hologic Inc

HOLX

Hologic manufactures proprietary products for the healthcare needs of women. The company operates in four segments: diagnostics (44% of total sales), breast health (38%), surgical (16%), and skeletal health (2%). While the company traditionally focused on breast health, the acquisition of Gen-Probe put greater emphasis on commercial diagnostics. The United States accounts for the largest portion of the firm's revenue (69%), followed by Europe (20%), Asia (8%), and other international markets (3%). Hologic is headquartered in Bedford, Massachusetts.

Market cap 17B · 7,070 employees

Apr 9, 2021 — Apr 6, 2026Daily1,253 observationsStockStockTechnology

Who Moves First

HOLX leads MSFT by 6 days

HOLX tends to move before MSFT.

Best correlation after shifting: -0.126 (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

-0.355

13 periods · Return correlation when both series rose

Both Falling

-0.654

8 periods · Return correlation when both series fell

Diverging

-0.557

14 periods · Return correlation when series moved apart

R-Squared

1.2%

Share of variance in one series explained by the other.

Trend Agreement

57.6%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,253

Deep shared window — 1,253 usable pairs.

Significance

p < 0.001

95% CI: [-0.164, -0.054]

Time Series

Rebased to 100

Green: MSFTGray: HOLX36 of 1,253 points (sampled)

Scatter

XY Regression

211.425030035040045050055056659.0560657075808585.27Microsoft CorpHologic IncData pointsFit (r = -0.109)

Pipeline

Data quality details

Pipeline Summary

1,253 paired observations survived the daily window.

Raw input

1,254

1,253

Normalized

1,254

1,253

Prepared

1,254

1,253

Aligned

1,253

1,253

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

1

A: 1 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

HOLX logo

Hologic Inc

HOLX

Market cap 17B · 7,070 employees

Stock · 1,253 raw → 1,253 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

-0.0079

Linear regression slope.

Intercept

75.7271

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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