Market Regime
HON vs MSFT currently shows 30 day correlation 0.06, 90 day correlation -0.16, and 252 day correlation -0.022.
The relationship view is based on 10,116 overlap observations, using the same deterministic inputs as the fact cards.
Historical Pattern
The historical behavior of HON and MSFT demonstrates shifting relationships depending on the measurement horizon. Over a 252-day period, the correlation is 0.0107, indicating a near-zero relationship over the longer term. When measured over a 90-day window, the correlation is -0.1688, reflecting a slight inverse relationship. Conversely, the short-term 30-day correlation is 0.1923. These metrics highlight how the directional alignment of the two assets fluctuates across different timeframes.
Workflow Pointer
This correlation data provides context for understanding the historical dynamics between HON and MSFT. When reviewing strategy explainers and correlation methodology, users can apply these metrics to assess historical behavior. It is important to note backtest limitations; past performance and simulated outcomes do not indicate future results, and this analysis does not account for all possible market conditions or risks.