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Correlation Analysis

Microsoft Corp vs Snowflake Inc.

MSFT vs SNOW

-0.005

Near-zero inverse

When one moves up, the other tends to move down.

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

SNOW logo

Snowflake Inc.

SNOW

Snowflake Inc Founded in 2012, Snowflake is a fully managed platform that consolidates data hosted on different public clouds for centralized analytics and governance. Snowflakes cloud-native architecture allows users to independently scale the compute and storage layers, providing customers with optimized performance at lower costs. The companies data lake and data warehouse products support a variety of use cases, including business analytics, data engineering, and artificial intelligence. Snowflake is widely used by Fortune 2000 companies in financial services, media, and retail sectors.

Market cap 51.6B · 9,060 employees

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

Time Series

Rebased to 100

Green: MSFTGray: SNOW36 of 1,254 points (sampled)

Who Moves First

SNOW leads MSFT by 6 days

SNOW tends to move before MSFT.

Best correlation after shifting: -0.018 (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

+0.305

15 periods · Return correlation when both series rose

Both Falling

+0.469

10 periods · Return correlation when both series fell

Diverging

-0.692

10 periods · Return correlation when series moved apart

R-Squared

0.0%

Share of variance in one series explained by the other.

Trend Agreement

69.3%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

n.s.

95% CI: [-0.061, 0.050]

Scatter

XY Regression

208.6250300350400450500549.390.1100150200250300350378Microsoft CorpSnowflake Inc.Data pointsFit (r = -0.005)

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

SNOW logo

Snowflake Inc.

SNOW

Market cap 51.6B · 9,060 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

19

Estimated crossover points between normalized spreads.

Slope

-0.0037

Linear regression slope.

Intercept

193.3483

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-msft-vs-stock-snow-daily-20260408-gkk3xc