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Correlation Analysis

Microsoft Corp vs McKesson Corporation

MSFT vs MCK

+0.815

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

MCK logo

McKesson Corporation

MCK

McKesson Corp is one of three leading pharmaceutical wholesalers in the US engaged in sourcing and distributing branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with Cencora and Cardinal Health, the three account for over 90% of the US pharmaceutical wholesale industry. Outside the US market, McKesson engages in pharmaceutical wholesale and distribution in Canada. Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.

Market cap 104.9B · 51,000 employees

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

Who Moves First

MSFT leads MCK by 6 days

MSFT tends to move before MCK.

Best correlation after shifting: +0.825 (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

-0.073

16 periods · Return correlation when both series rose

Both Falling

+0.473

5 periods · Return correlation when both series fell

Diverging

-0.871

14 periods · Return correlation when series moved apart

R-Squared

66.5%

Share of variance in one series explained by the other.

Trend Agreement

55.6%

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: [0.796, 0.833]

Time Series

Rebased to 100

Green: MSFTGray: MCK36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.3133200400600800974Microsoft CorpMcKesson CorporationData pointsFit (r = 0.815)

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

MCK logo

McKesson Corporation

MCK

Market cap 104.9B · 51,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

33

Estimated crossover points between normalized spreads.

Slope

1.9273

Linear regression slope.

Intercept

-215.4876

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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