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Correlation Analysis

Analog Devices, Inc. vs Mastercard Incorporated

ADI vs MA

+0.779

Strong positive

When one moves up, the other tends to follow.

ADI logo

Analog Devices, Inc.

ADI

Analog Devices is a leading analog, mixed-signal, and digital-signal processing chipmaker. The firm has a significant market share lead in converter chips, which are used to translate analog signals to digital and vice versa. The company serves tens of thousands of customers; more than half of its chip sales are to industrial and automotive end markets. ADI's chips are also incorporated into wireless infrastructure equipment.

Market cap 159.8B · 24,500 employees

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancials

Time Series

Relative Performance

Green: ADIGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads ADI by 6 days

MA tends to move before ADI.

After testing 13 timing shifts, the strongest relationship was +0.780 (they moved in the same direction).

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

+0.598

11 periods · Return correlation when both series rose

Both Falling

+0.895

7 periods · Return correlation when both series fell

Diverging

-0.804

17 periods · Return correlation when series moved apart

R-Squared

60.6%

Share of variance in one series explained by the other.

Trend Agreement

63.5%

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 < 0.001

95% CI: [0.756, 0.799]

Scatter

XY Regression

127.5150200250300346.5308.1350400450500550599.5Analog Devices, Inc.Mastercard IncorporatedData pointsFit (r = 0.779)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

ADI logo

Analog Devices, Inc.

ADI

Market cap 159.8B · 24,500 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

12

Estimated crossover points between normalized spreads.

Slope

1.6089

Linear regression slope.

Intercept

113.5705

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-adi-vs-stock-ma-daily