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Correlation Analysis

Microsoft Corp vs Simon Property Group, Inc.

MSFT vs SPG

+0.801

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

SPG logo

Simon Property Group, Inc.

SPG

Simon Property Group is the largest retail real estate investment trust in the United States. Its portfolio includes an interest in 254 properties: 114 traditional malls, 108 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and 12 other retail properties. Simon's portfolio averaged $736 in sales per square foot over the trailing 12 months. The company also owns a 22% interest in Klépierre, a European retail company with investments in shopping centers in 14 countries, and joint-venture interests in 33 premium outlets across 14 countries.

Market cap 61.8B · 3,600 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnologyReal Estate

Time Series

Rebased to 100

Green: MSFTGray: SPG36 of 1,254 points (sampled)

Who Moves First

MSFT leads SPG by 6 days

MSFT tends to move before SPG.

Best correlation after shifting: +0.811 (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

+0.271

13 periods · Return correlation when both series rose

Both Falling

+0.664

7 periods · Return correlation when both series fell

Diverging

-0.609

15 periods · Return correlation when series moved apart

R-Squared

64.1%

Share of variance in one series explained by the other.

Trend Agreement

59.2%

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: [0.780, 0.820]

Scatter

XY Regression

208.6250300350400450500549.395.2100120140160180198.6Microsoft CorpSimon Property Group, Inc.Data pointsFit (r = 0.801)

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

SPG logo

Simon Property Group, Inc.

SPG

Market cap 61.8B · 3,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

30

Estimated crossover points between normalized spreads.

Slope

0.2642

Linear regression slope.

Intercept

48.0361

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-msft-vs-stock-spg-daily-20260408-auf1lw