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Correlation Analysis

Apple Inc. vs Airbnb, Inc. Class A Common Stock

AAPL vs ABNB

-0.074

Weak inverse

When one moves up, the other tends to move down.

AAPL logo

Apple Inc.

AAPL

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Market cap 3.8T

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Airbnb is the world's largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb's platform offers over 9 million active accommodation listings. Listings from the company's 5 million-plus hosts are spread over almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.

Market cap 76B · 8,200 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Who Moves First

ABNB leads AAPL by 6 days

ABNB tends to move before AAPL.

Best correlation after shifting: -0.087 (13 shifts scanned)

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

-0.205

10 periods · Return correlation when both series rose

Both Falling

+0.426

8 periods · Return correlation when both series fell

Diverging

-0.693

17 periods · Return correlation when series moved apart

R-Squared

0.6%

Share of variance in one series explained by the other.

Trend Agreement

63.8%

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 < 0.01

95% CI: [-0.129, -0.019]

Time Series

Rebased to 100

Green: AAPLGray: ABNB36 of 1,254 points (sampled)

Scatter

XY Regression

112.3120140160180200220240260280285.679.780100120140160180186.9Apple Inc.Airbnb, Inc. Class A Common StockData pointsFit (r = -0.074)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

AAPL logo

Apple Inc.

AAPL

Market cap 3.8T

Stock · 1,254 raw → 1,254 prepared

Series B

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Market cap 76B · 8,200 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

29

Estimated crossover points between normalized spreads.

Slope

-0.0384

Linear regression slope.

Intercept

141.9359

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-aapl-vs-stock-abnb-daily-20260408-lap0ld