These move together about 76% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Salesforce provides enterprise cloud computing solutions. The company offers customer relationship management technology that brings companies and customers together. Its Customer 360 platform helps the group deliver a single source of truth, connecting customer data across systems, apps, and devices to help companies sell, service, market, and conduct commerce. It also offers Service Cloud for customer support, Marketing Cloud for digital marketing campaigns, Commerce Cloud as an e-commerce engine, the Salesforce Platform, which allows enterprises to build applications, and other solutions, such as MuleSoft for data integration.
Market cap 147.4B · 83,334 employees
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
What to Watch
Holds across regimes
Correlation is similar when markets rise (+56%) and fall (+72%) — reliable in both directions.
Rock solid
Correlation barely moves across time windows — treat this as a reliable relationship.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+85%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with SERVICENOW, INC. at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+85%
Pearson correlation
95% CI
+84% → +87%
Likely range
R²
72.4%
Variance explained
Trend agreement
76.5%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
CRM
Salesforce, Inc.
Strongest inverse
Market cap 93.3B · 29,187 employees
Do They Crash Together?
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
+56%
116 periods · Return correlation when both series rose
Both Falling
+72%
101 periods · Return correlation when both series fell
Diverging
-44%
32 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Salesforce, Inc.
CRM
Market cap 147.4B · 83,334 employees
Stock · 1,255 raw → 1,255 prepared
Series B
SERVICENOW, INC.
NOW
Market cap 93.3B · 29,187 employees
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
59
Estimated crossover points between normalized spreads.
Slope
0.6749
Linear regression slope.
Intercept
-24.4585
Linear regression intercept.
Saved 1 hour ago · ID: stock-crm_stock-now_5y