CorrlensCorrlens
Correlate

Correlation Analysis

Microsoft Corp vs Toast, Inc.

MSFT vs TOST

+0.588

Moderate 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

TOST logo

Toast, Inc.

TOST

Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.

Market cap 15.9B · 6,500 employees

Sep 22, 2021 — Apr 7, 2026Daily1,139 observationsStockStockTechnology

Who Moves First

MSFT leads TOST by 6 days

MSFT tends to move before TOST.

Best correlation after shifting: +0.601 (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

-0.018

12 periods · Return correlation when both series rose

Both Falling

+0.028

12 periods · Return correlation when both series fell

Diverging

-0.572

11 periods · Return correlation when series moved apart

R-Squared

34.6%

Share of variance in one series explained by the other.

Trend Agreement

66.4%

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

Overlap Quality

1,139

Deep shared window — 1,139 usable pairs.

Significance

p < 0.001

95% CI: [0.548, 0.625]

Time Series

Rebased to 100

Green: MSFTGray: TOST36 of 1,139 points (sampled)

Scatter

XY Regression

200.6250300350400450500550553.69.810203040506066.4Microsoft CorpToast, Inc.Data pointsFit (r = 0.588)

Pipeline

Data quality details

Pipeline Summary

1,139 paired observations survived the daily window.

Raw input

1,254

1,139

Normalized

1,254

1,139

Prepared

1,254

1,139

Aligned

1,139

1,139

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

115

A: 115 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 prepared

Series B

TOST logo

Toast, Inc.

TOST

Market cap 15.9B · 6,500 employees

Stock · 1,139 raw → 1,139 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

0.0729

Linear regression slope.

Intercept

0.7018

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-msft-vs-stock-tost-daily-20260408-8oq7oz