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Correlation Analysis

Microsoft Corp vs Robinhood Markets, Inc. Class A Common Stock

MSFT vs HOOD

+0.739

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

HOOD logo

Robinhood Markets, Inc. Class A Common Stock

HOOD

Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.

Market cap 62.8B · 2,900 employees

Jul 29, 2021 — Apr 7, 2026Daily1,177 observationsStockStockTechnology

Time Series

Rebased to 100

Green: MSFTGray: HOOD36 of 1,177 points (sampled)

Who Moves First

MSFT leads HOOD by 6 days

MSFT tends to move before HOOD.

Best correlation after shifting: +0.750 (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

+0.582

16 periods · Return correlation when both series rose

Both Falling

+0.649

10 periods · Return correlation when both series fell

Diverging

-0.497

9 periods · Return correlation when series moved apart

R-Squared

54.6%

Share of variance in one series explained by the other.

Trend Agreement

64.0%

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

Overlap Quality

1,177

Deep shared window — 1,177 usable pairs.

Significance

p < 0.001

95% CI: [0.712, 0.764]

Scatter

XY Regression

205.4250300350400450500550551.6-1.1020406080100120140140.1Microsoft CorpRobinhood Markets, Inc. Class A Common StockData pointsFit (r = 0.739)

Pipeline

Data quality details

Pipeline Summary

1,177 paired observations survived the daily window.

Raw input

1,254

1,177

Normalized

1,254

1,177

Prepared

1,254

1,177

Aligned

1,177

1,177

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

77

A: 77 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

HOOD logo

Robinhood Markets, Inc. Class A Common Stock

HOOD

Market cap 62.8B · 2,900 employees

Stock · 1,177 raw → 1,177 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

24

Estimated crossover points between normalized spreads.

Slope

0.3260

Linear regression slope.

Intercept

-83.0427

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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