Correlation Analysis
Micron Technology, Inc. vs PNC Financial Services Group
MU vs PNC
+0.503
Moderate positive
When one moves up, the other tends to follow.
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
PNC Financial Services Group
↗PNC
PNC Financial is one of the three super-regional banks in the US, with around $574 billion in total assets at the end of Dec. 30, 2025. Headquartered in Pittsburgh, Pennsylvania, PNC Financial has a coast-to-coast branch network, with a strong presence in the US Midwest and Northeast. It closed its acquisition of FirstBank in January 2026, which added around $26 billion in assets to its balance sheet, and PNC is currently expanding in the Southern and Western regions of the US. The bank provides a diversified set of financial services in retail banking, commercial banking, card and treasury management, asset management, and investment banking. PNC derived around 38% of revenue from fee income and 62% from net interest income in 2025.
Market cap 86B · 55,333 employees
Time Series
Relative Performance
Who Moves First
in sync
MU and PNC 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
+0.146
10 periods · Return correlation when both series rose
Both Falling
+0.445
10 periods · Return correlation when both series fell
Diverging
-0.677
15 periods · Return correlation when series moved apart
R-Squared
25.3%
Share of variance in one series explained by the other.
Trend Agreement
60.6%
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: [0.461, 0.544]
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
Micron Technology, Inc.
MU
Market cap 426B · 53,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
PNC Financial Services Group
PNC
Market cap 86B · 55,333 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
41
Estimated crossover points between normalized spreads.
Slope
0.1845
Linear regression slope.
Intercept
152.4832
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MU
Micron Technology, Inc.
Highest
+0.982
Western Digital Corp.
WDC · 1,254 data points
Lowest
-0.640
Constellation Brands, Inc.
STZ · 1,254 data points
PNC
PNC Financial Services Group
Highest
+0.656
Amazon.Com Inc
AMZN · 1,254 data points
Lowest
-0.116
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-mu-vs-stock-pnc-daily