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Correlation Analysis

Microsoft Corp vs Merck & Co., Inc.

MSFT vs MRK

+0.198

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

MRK logo

Merck & Co., Inc.

MRK

Merck makes pharmaceutical products to treat several conditions in a number of therapeutic areas, including cardiometabolic disease, cancer, and infections. Within cancer, the firm's immuno-oncology platform, led by Keytruda, is a major contributor to overall sales. The company also has a substantial vaccine business aimed at preventing pediatric diseases, as well as Gardasil for human papillomavirus. Additionally, Merck sells animal health-related drugs. From a geographical perspective, 47% of the company's sales are generated from US human health (pharmaceuticals and vaccines).

Market cap 298.8B

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

Who Moves First

in sync

MSFT and MRK tend to move at the same time.

Best correlation after shifting: +0.198 (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

+0.000

10 periods · Return correlation when both series rose

Both Falling

+0.231

6 periods · Return correlation when both series fell

Diverging

-0.701

19 periods · Return correlation when series moved apart

R-Squared

3.9%

Share of variance in one series explained by the other.

Trend Agreement

52.1%

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: [0.144, 0.251]

Time Series

Rebased to 100

Green: MSFTGray: MRK36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.369.1708090100110120130132.4Microsoft CorpMerck & Co., Inc.Data pointsFit (r = 0.198)

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

MRK logo

Merck & Co., Inc.

MRK

Market cap 298.8B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

12

Estimated crossover points between normalized spreads.

Slope

0.0393

Linear regression slope.

Intercept

84.1680

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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