SeriesMagCorrOverlapThrough
These move together about 81% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).
Market cap 3.2T · 228,000 employees
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
What to Watch
Unusual right now
Recent correlation (+44%) is 2.8σ from the long-run average of +88% — pair is behaving differently than usual.
Holds across regimes
Correlation is similar when markets rise (+69%) and fall (+58%) — reliable in both directions.
Mostly stable
Correlation drifts a little but stays in the same neighbourhood.
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
+88%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with State Street SPDR Portfolio S&P 500 Growth ETF 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
+88%
Pearson correlation
95% CI
+87% → +89%
Likely range
R²
77.5%
Variance explained
Trend agreement
80.6%
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.
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
+69%
116 periods · Return correlation when both series rose
Both Falling
+58%
105 periods · Return correlation when both series fell
Diverging
-35%
28 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
Microsoft Corp
MSFT
Market cap 3.2T · 228,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.1836
Linear regression slope.
Intercept
7.3305
Linear regression intercept.
Saved 2 hours ago · ID: stock-msft_stock-spyg_5y
SPYG
State Street SPDR Portfolio S&P 500 Growth ETF
Strongest positive