Correlation Analysis
Micron Technology, Inc. vs Regions Financial Corp.
MU vs RF
+0.616
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
Regions Financial Corp.
↗RF
Regions Financial is one of the midsized regional banks in the US, with around $160 billion in total assets as of Dec. 30, 2025. Headquartered in Birmingham, Alabama, Regions Financial has a footprint mostly in the US Southeast. The bank provides a diversified set of financial services in retail banking, commercial banking, card and treasury management, wealth management, and capital markets.
Market cap 22.8B · 19,969 employees
Time Series
Relative Performance
Who Moves First
in sync
MU and RF tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.616 (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
-0.132
10 periods · Return correlation when both series rose
Both Falling
+0.214
10 periods · Return correlation when both series fell
Diverging
-0.599
15 periods · Return correlation when series moved apart
R-Squared
38.0%
Share of variance in one series explained by the other.
Trend Agreement
62.2%
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: [0.581, 0.649]
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
Regions Financial Corp.
RF
Market cap 22.8B · 19,969 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
21
Estimated crossover points between normalized spreads.
Slope
0.0243
Linear regression slope.
Intercept
19.1743
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-mu-vs-stock-rf-daily