Correlation Analysis
Motorola Solutions, Inc. New vs Micron Technology, Inc.
MSI vs MU
+0.503
Moderate positive
When one moves up, the other tends to follow.
Motorola Solutions, Inc. New
↗MSI
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Market cap 73.4B · 23,000 employees
Micron Technology, Inc.
↗MU
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
Market cap 426B · 53,000 employees
Time Series
Relative Performance
Who Moves First
in sync
MSI and MU tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.503 (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
+0.814
12 periods · Return correlation when both series rose
Both Falling
+0.268
7 periods · Return correlation when both series fell
Diverging
-0.866
16 periods · Return correlation when series moved apart
R-Squared
25.3%
Share of variance in one series explained by the other.
Trend Agreement
57.7%
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: [0.460, 0.543]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired data points 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
Motorola Solutions, Inc. New
MSI
Market cap 73.4B · 23,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Micron Technology, Inc.
MU
Market cap 426B · 53,000 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
0.4288
Linear regression slope.
Intercept
-32.3304
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MSI
Motorola Solutions, Inc. New
Highest
+0.956
Costco Wholesale Corp
COST · 1,254 data points
Lowest
+0.112
Johnson & Johnson
JNJ · 1,254 data points
Saved 7 hours ago · ID: stock-msi-vs-stock-mu-daily