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Correlate

Correlation Analysis

Microsoft Corp vs United Parcel Service, Inc. Class B

MSFT vs UPS

-0.845

Strong 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

UPS logo

United Parcel Service, Inc. Class B

UPS

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 65% of total revenue, while international package makes up 20%. Air and ocean freight forwarding and contract logistics make up the remainder.

Market cap 82.6B · 460,000 employees

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

Who Moves First

UPS leads MSFT by 6 days

UPS tends to move before MSFT.

Best correlation after shifting: -0.851 (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

-0.028

12 periods · Return correlation when both series rose

Both Falling

-0.155

9 periods · Return correlation when both series fell

Diverging

-0.426

14 periods · Return correlation when series moved apart

R-Squared

71.4%

Share of variance in one series explained by the other.

Trend Agreement

59.5%

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: [-0.860, -0.829]

Time Series

Rebased to 100

Green: MSFTGray: UPS36 of 1,254 points (sampled)

Scatter

XY Regression

208.6250300350400450500549.373.480100120140160180200220224.4Microsoft CorpUnited Parcel Service, Inc. Class BData pointsFit (r = -0.845)

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

UPS logo

United Parcel Service, Inc. Class B

UPS

Market cap 82.6B · 460,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

-0.3949

Linear regression slope.

Intercept

296.7935

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-msft-vs-stock-ups-daily-20260408-iftn6c