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.
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
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
Time Series
Rebased to 100
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
Pipeline
Data quality details
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
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
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
MSFT
Microsoft Corp
Highest
+0.938
Cadence Design Systems
CDNS · 1,254 observations
Lowest
-0.867
Bristol-Myers Squibb Co.
BMY · 1,254 observations
HOOD
Robinhood Markets, Inc. Class A Common Stock
Highest
+0.884
JPMorgan Chase & Co.
JPM · 1,177 observations
Lowest
+0.288
Exxon Mobil Corporation
XOM · 1,177 observations
Saved 3 hours ago · ID: stock-msft-vs-stock-hood-daily-20260408-8thtvx