Correlation Analysis
Micron Technology, Inc. vs Venture Global, Inc.
MU vs VG
-0.515
Moderate inverse
When one moves up, the other tends to move down.
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
Venture Global, Inc.
↗VG
Venture Global operates two liquefied natural gas production facilities in Louisiana. It has pioneered the use of modular, factory-built equipment, producing high yields. With a substantial development plan, it seeks to become a vertically integrated LNG producer and supplier to end consumers around the world.
Market cap 39.2B · 2,000 employees
Time Series
Relative Performance
Who Moves First
VG leads MU by 6 days
VG tends to move before MU.
After testing 13 timing shifts, the strongest relationship was -0.557 (they moved in opposite directions).
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
-0.084
13 periods · Return correlation when both series rose
Both Falling
+0.078
10 periods · Return correlation when both series fell
Diverging
-0.745
12 periods · Return correlation when series moved apart
R-Squared
26.5%
Share of variance in one series explained by the other.
Trend Agreement
58.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
624
Robust shared window — 624 usable pairs.
Significance
p < 0.001
95% CI: [-0.570, -0.455]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
624 paired data points survived the daily window.
Raw input
1,254
624
Normalized
1,254
624
Prepared
1,254
624
Aligned
624
624
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
630
A: 630 / B: 0
Series A
Micron Technology, Inc.
MU
Market cap 426B · 53,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Venture Global, Inc.
VG
Market cap 39.2B · 2,000 employees
Stock · 624 raw → 624 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0220
Linear regression slope.
Intercept
17.6143
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-mu-vs-stock-vg-daily