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Correlation Analysis

Micron Technology, Inc. vs Xylem Inc

MU vs XYL

+0.481

Moderate 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

XYL logo

Xylem Inc

XYL

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $9 billion in revenue in 2025.

Market cap 29.8B · 22,000 employees

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

Time Series

Relative Performance

Green: MUGray: XYL36 of 1,254 points (sampled)

Who Moves First

XYL leads MU by 6 days

XYL tends to move before MU.

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

-0.003

10 periods · Return correlation when both series rose

Both Falling

+0.072

12 periods · Return correlation when both series fell

Diverging

-0.557

13 periods · Return correlation when series moved apart

R-Squared

23.2%

Share of variance in one series explained by the other.

Trend Agreement

62.1%

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: [0.438, 0.523]

Scatter

XY Regression

2210020030040044375.680100120140157.2Micron Technology, Inc.Xylem IncData pointsFit (r = 0.481)

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

XYL logo

Xylem Inc

XYL

Market cap 29.8B · 22,000 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

0.1121

Linear regression slope.

Intercept

104.6193

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-mu-vs-stock-xyl-daily