Correlation Analysis
Microsoft Corp vs UL Solutions Inc.
MSFT vs ULS
+0.443
Moderate positive
When one moves up, the other tends to follow.
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
UL Solutions Inc.
↗ULS
UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.
Market cap 16.9B · 14,851 employees
Time Series
Relative Performance
Who Moves First
MSFT leads ULS by 6 days
MSFT tends to move before ULS.
After testing 13 timing shifts, the strongest relationship was +0.472 (they moved in the same direction).
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
+0.806
10 periods · Return correlation when both series rose
Both Falling
+0.333
8 periods · Return correlation when both series fell
Diverging
-0.376
17 periods · Return correlation when series moved apart
R-Squared
19.6%
Share of variance in one series explained by the other.
Trend Agreement
58.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
497
Robust shared window — 497 usable pairs.
Significance
p < 0.001
95% CI: [0.369, 0.511]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
497 paired data points survived the daily window.
Raw input
1,254
497
Normalized
1,254
497
Prepared
1,254
497
Aligned
497
497
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
757
A: 757 / B: 0
Series A
Microsoft Corp
MSFT
Market cap 2.8T
Stock · 1,254 raw → 1,254 prepared
Series B
UL Solutions Inc.
ULS
Market cap 16.9B · 14,851 employees
Stock · 497 raw → 497 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
29
Estimated crossover points between normalized spreads.
Slope
0.1456
Linear regression slope.
Intercept
-3.5269
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-msft-vs-stock-uls-daily-20260408-j5yvr0