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Correlation Analysis

Microsoft Corp vs Keysight Technologies, Inc.

MSFT vs KEYS

+0.155

Weak 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

KEYS logo

Keysight Technologies, Inc.

KEYS

Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.

Market cap 50.2B · 16,600 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnology

Time Series

Relative Performance

Green: MSFTGray: KEYS36 of 1,254 points (sampled)

Who Moves First

MSFT leads KEYS by 6 days

MSFT tends to move before KEYS.

After testing 13 timing shifts, the strongest relationship was +0.171 (they moved in the same direction).

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

+0.227

15 periods · Return correlation when both series rose

Both Falling

+0.633

6 periods · Return correlation when both series fell

Diverging

-0.588

14 periods · Return correlation when series moved apart

R-Squared

2.4%

Share of variance in one series explained by the other.

Trend Agreement

69.7%

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: [0.101, 0.209]

Scatter

XY Regression

208.6250300350400450500549.3105.3150200250300315.1Microsoft CorpKeysight Technologies, Inc.Data pointsFit (r = 0.155)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

KEYS logo

Keysight Technologies, Inc.

KEYS

Market cap 50.2B · 16,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

6

Estimated crossover points between normalized spreads.

Slope

0.0519

Linear regression slope.

Intercept

145.4194

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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