Correlation Analysis
Apple Inc. vs Rivian Automotive, Inc. Class A Common Stock
AAPL vs RIVN
-0.352
Light inverse
When one moves up, the other tends to move down.
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
Rivian Automotive, Inc. Class A Common Stock
↗RIVN
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.
Market cap 19B · 15,232 employees
Time Series
Rebased to 100
Who Moves First
AAPL leads RIVN by 6 days
AAPL tends to move before RIVN.
Best correlation after shifting: -0.358 (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
+0.054
10 periods · Return correlation when both series rose
Both Falling
+0.136
10 periods · Return correlation when both series fell
Diverging
-0.496
15 periods · Return correlation when series moved apart
R-Squared
12.4%
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
1,104
Deep shared window — 1,104 usable pairs.
Significance
p < 0.001
95% CI: [-0.403, -0.299]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,104 paired observations survived the daily window.
Raw input
1,254
1,104
Normalized
1,254
1,104
Prepared
1,254
1,104
Aligned
1,104
1,104
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
150
A: 150 / B: 0
Series A
Apple Inc.
AAPL
Market cap 3.8T
Stock · 1,254 raw → 1,254 prepared
Series B
Rivian Automotive, Inc. Class A Common Stock
RIVN
Market cap 19B · 15,232 employees
Stock · 1,104 raw → 1,104 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
17
Estimated crossover points between normalized spreads.
Slope
-0.1921
Linear regression slope.
Intercept
61.1460
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
AAPL
Apple Inc.
Highest
+0.935
Arista Networks
ANET · 1,254 observations
Lowest
-0.847
Fiserv, Inc. Common Stock
FISV · 644 observations
RIVN
Rivian Automotive, Inc. Class A Common Stock
Highest
+0.170
Tesla, Inc. Common Stock
TSLA · 1,104 observations
Lowest
-0.728
Exxon Mobil Corporation
XOM · 1,104 observations
Saved 3 hours ago · ID: stock-aapl-vs-stock-rivn-daily-20260408-j91sdw