Correlation Analysis
Micron Technology, Inc. vs Veralto Corporation
MU vs VLTO
+0.108
Weak 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
Veralto Corporation
↗VLTO
Veralto is a diversified industrial firm organized into two segments: water quality, product quality, and innovation. The water quality segment offers water analytics and water treatment solutions, while the product quality and innovation segment offers coding, packaging, and color solutions for consumer packaged goods and pharmaceuticals. Headquartered in Waltham, Massachusetts, the company has around 17,000 employees. Veralto generated approximately $5.5 billion in revenue in 2025.
Market cap 21.8B · 17,000 employees
Time Series
Relative Performance
Who Moves First
VLTO leads MU by 6 days
VLTO tends to move before MU.
After testing 13 timing shifts, the strongest relationship was +0.138 (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
-0.444
13 periods · Return correlation when both series rose
Both Falling
-0.396
6 periods · Return correlation when both series fell
Diverging
-0.806
16 periods · Return correlation when series moved apart
R-Squared
1.2%
Share of variance in one series explained by the other.
Trend Agreement
55.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
630
Robust shared window — 630 usable pairs.
Significance
p < 0.01
95% CI: [0.030, 0.185]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
630 paired data points survived the daily window.
Raw input
1,254
630
Normalized
1,254
630
Prepared
1,254
630
Aligned
630
630
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
624
A: 624 / B: 0
Series A
Micron Technology, Inc.
MU
Market cap 426B · 53,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Veralto Corporation
VLTO
Market cap 21.8B · 17,000 employees
Stock · 630 raw → 630 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0122
Linear regression slope.
Intercept
94.6098
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-mu-vs-stock-vlto-daily