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Correlation Analysis

Microsoft Corp vs Republic Services Inc.

MSFT vs RSG

+0.887

Very 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

RSG logo

Republic Services Inc.

RSG

Republic Services Group is the second-largest waste management company by revenue and provides integrated waste management services to residential, commercial, and industrial customers. With 208 active landfills, 248 transfer stations, and 75 recycling centers, Republic Services has reached $16 billion in annual revenue, focusing on recycling and environmental solutions. The company reports in three segments based on the Western United States (Group 1), Eastern United States (Group 2), and Environmental Solutions across North America (Group 3). Eighty-nine percent of total revenue comes from recycling and waste, with the remaining 11% from Environmental Solutions.

Market cap 68.2B · 42,000 employees

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

Who Moves First

in sync

MSFT and RSG tend to move at the same time.

Best correlation after shifting: +0.887 (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

+0.116

14 periods · Return correlation when both series rose

Both Falling

+0.553

7 periods · Return correlation when both series fell

Diverging

-0.708

14 periods · Return correlation when series moved apart

R-Squared

78.7%

Share of variance in one series explained by the other.

Trend Agreement

57.8%

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: [0.875, 0.898]

Time Series

Rebased to 100

Green: MSFTGray: RSG36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.391.5100120140160180200220240260266.1Microsoft CorpRepublic Services Inc.Data pointsFit (r = 0.887)

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

RSG logo

Republic Services Inc.

RSG

Market cap 68.2B · 42,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

32

Estimated crossover points between normalized spreads.

Slope

0.4552

Linear regression slope.

Intercept

6.2967

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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