Correlation Analysis
Arthur J. Gallagher & Co. vs VISA Inc.
AJG vs V
+0.851
Very strong positive
When one moves up, the other tends to follow.
Arthur J. Gallagher & Co.
↗AJG
Founded in 1927 as a one-person agency, Gallagher's primary business is insurance brokerage, with a focus on serving middle-market companies. The company's risk management segment provides third-party claims adjustment to companies that choose to self-insure. Gallagher has about 72,000 employees and generates about a third of its revenue internationally, primarily in Australia, Canada, New Zealand, and the UK.
Market cap 56.3B · 72,000 employees
VISA Inc.
↗V
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Market cap 583.4B
Time Series
Relative Performance
Who Moves First
AJG leads V by 6 days
AJG tends to move before V.
After testing 13 timing shifts, the strongest relationship was +0.856 (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
+0.679
11 periods · Return correlation when both series rose
Both Falling
-0.024
6 periods · Return correlation when both series fell
Diverging
-0.570
18 periods · Return correlation when series moved apart
R-Squared
72.4%
Share of variance in one series explained by the other.
Trend Agreement
66.6%
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: [0.835, 0.866]
Scatter
XY Regression
Pipeline
Data quality details
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
Arthur J. Gallagher & Co.
AJG
Market cap 56.3B · 72,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
VISA Inc.
V
Market cap 583.4B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
52
Estimated crossover points between normalized spreads.
Slope
0.7593
Linear regression slope.
Intercept
92.1641
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-ajg-vs-stock-v-daily