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Correlation Analysis

Microsoft Corp vs Interactive Brokers Group, Inc. Class A Common Stock

MSFT vs IBKR

+0.820

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

IBKR logo

Interactive Brokers Group, Inc. Class A Common Stock

IBKR

Interactive Brokers is a large, automated, retail and institutional brokerage that boasted nearly $780 billion in customer equity at the end of 2025. The company cut its teeth as a market maker, introducing US financial markets to automated and algorithmic training before expanding into brokerage services in 1993. The firm has a wide-ranging client base, with its best-in-class order execution and extremely low margin lending rates catering to a sophisticated audience of hedge funds, proprietary traders, and introducing brokers that account for about 45% of the firm's commissions. With operations spanning more than 160 electronic exchanges, 36 countries, and 28 currencies, Interactive Brokers caters to a global clientele, with more than 80% of active accounts sitting outside the US.

Market cap 30.6B · 3,182 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

MSFT leads IBKR by 6 days

MSFT tends to move before IBKR.

Best correlation after shifting: +0.833 (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

+0.816

15 periods · Return correlation when both series rose

Both Falling

+0.571

8 periods · Return correlation when both series fell

Diverging

-0.644

12 periods · Return correlation when series moved apart

R-Squared

67.2%

Share of variance in one series explained by the other.

Trend Agreement

59.4%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [0.801, 0.837]

Time Series

Rebased to 100

Green: MSFTGray: IBKR36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.39.41020304050607077.8Microsoft CorpInteractive Brokers Group, Inc. Class A Common StockData pointsFit (r = 0.82)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

IBKR logo

Interactive Brokers Group, Inc. Class A Common Stock

IBKR

Market cap 30.6B · 3,182 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

18

Estimated crossover points between normalized spreads.

Slope

0.1789

Linear regression slope.

Intercept

-32.6209

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-msft-vs-stock-ibkr-daily-20260408-bwgcea