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Correlation Analysis

Ameriprise Financial, Inc. vs NetFlix Inc

AMP vs NFLX

+0.839

Strong positive

When one moves up, the other tends to follow.

AMP logo

Ameriprise Financial, Inc.

AMP

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating income from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third key segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.

Market cap 39B · 13,600 employees

NFLX logo

NetFlix Inc

NFLX

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

Market cap 417.7B

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

Time Series

Relative Performance

Green: AMPGray: NFLX36 of 1,254 points (sampled)

Who Moves First

AMP leads NFLX by 6 days

AMP tends to move before NFLX.

After testing 13 timing shifts, the strongest relationship was +0.841 (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

+0.546

18 periods · Return correlation when both series rose

Both Falling

+0.369

9 periods · Return correlation when both series fell

Diverging

-0.693

8 periods · Return correlation when series moved apart

R-Squared

70.4%

Share of variance in one series explained by the other.

Trend Agreement

60.1%

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: [0.822, 0.855]

Scatter

XY Regression

216.9250300350400450500550563.710.720406080100120133.2Ameriprise Financial, Inc.NetFlix IncData pointsFit (r = 0.839)

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

AMP logo

Ameriprise Financial, Inc.

AMP

Market cap 39B · 13,600 employees

Stock · 1,254 raw → 1,254 prepared

Series B

NFLX logo

NetFlix Inc

NFLX

Market cap 417.7B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

11

Estimated crossover points between normalized spreads.

Slope

0.2595

Linear regression slope.

Intercept

-36.1953

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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