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Correlation Analysis

Micron Technology, Inc. vs Union Pacific Corp.

MU vs UNP

+0.355

Light positive

When one moves up, the other tends to follow.

MU logo

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

UNP logo

Union Pacific Corp.

UNP

Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two-thirds of the US, Union Pacific generated $24.5 billion of revenue in 2025 by hauling coal, industrial products, intermodal containers, agricultural goods, chemicals, fertilizers, and automotive goods. Union Pacific owns about one-fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.

Market cap 145.8B · 29,287 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnologyIndustrials

Time Series

Relative Performance

Green: MUGray: UNP36 of 1,254 points (sampled)

Who Moves First

MU leads UNP by 6 days

MU tends to move before UNP.

After testing 13 timing shifts, the strongest relationship was +0.366 (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

+0.183

9 periods · Return correlation when both series rose

Both Falling

+0.348

11 periods · Return correlation when both series fell

Diverging

-0.562

15 periods · Return correlation when series moved apart

R-Squared

12.6%

Share of variance in one series explained by the other.

Trend Agreement

57.0%

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: [0.305, 0.402]

Scatter

XY Regression

22100200300400443187.6200220240260267.3Micron Technology, Inc.Union Pacific Corp.Data pointsFit (r = 0.355)

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

MU logo

Micron Technology, Inc.

MU

Market cap 426B · 53,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

UNP logo

Union Pacific Corp.

UNP

Market cap 145.8B · 29,287 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

11

Estimated crossover points between normalized spreads.

Slope

0.0785

Linear regression slope.

Intercept

218.7173

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-mu-vs-stock-unp-daily