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Correlation Analysis

Microsoft Corp vs Teradyne, Inc. Common Stock

MSFT vs TER

+0.296

Light 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

TER logo

Teradyne, Inc. Common Stock

TER

Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems, and wireless testing for devices. The firm entered the industrial automation market in 2015 and sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies, directly and indirectly, through its products, but its most significant exposure is to semiconductor testing. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.

Market cap 49.4B · 6,600 employees

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

Who Moves First

MSFT leads TER by 6 days

MSFT tends to move before TER.

Best correlation after shifting: +0.327 (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

-0.149

14 periods · Return correlation when both series rose

Both Falling

+0.660

10 periods · Return correlation when both series fell

Diverging

-0.852

11 periods · Return correlation when series moved apart

R-Squared

8.8%

Share of variance in one series explained by the other.

Trend Agreement

67.4%

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: [0.245, 0.346]

Time Series

Rebased to 100

Green: MSFTGray: TER36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.348.650100150200250300340.6Microsoft CorpTeradyne, Inc. Common StockData pointsFit (r = 0.296)

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

TER logo

Teradyne, Inc. Common Stock

TER

Market cap 49.4B · 6,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

14

Estimated crossover points between normalized spreads.

Slope

0.1581

Linear regression slope.

Intercept

65.6794

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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