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Correlation Analysis

Amazon.Com Inc vs DGS10

AMZN vs DGS10

+0.228

Light positive

When one moves up, the other tends to follow.

AMZN logo

Amazon.Com Inc

AMZN

Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.

Market cap 2.3T

F

DGS10

DGS10

Apr 9, 2021 — Apr 6, 2026Daily1,244 observationsStockFREDTechnology

Who Moves First

DGS10 leads AMZN by 6 days

DGS10 tends to move before AMZN.

Best correlation after shifting: +0.234 (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

-0.091

15 periods · Return correlation when both series rose

Both Falling

+0.721

5 periods · Return correlation when both series fell

Diverging

-0.641

15 periods · Return correlation when series moved apart

R-Squared

5.2%

Share of variance in one series explained by the other.

Trend Agreement

48.6%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,244

Deep shared window — 1,244 usable pairs.

Significance

p < 0.001

95% CI: [0.174, 0.280]

Time Series

Rebased to 100

Green: AMZNGray: DGS1036 of 1,244 points (sampled)

Scatter

XY Regression

74.880100120140160180200220240247.81.0123455.17Amazon.Com IncDGS10Data pointsFit (r = 0.228)

Pipeline

Data quality details

Pipeline Summary

1,244 paired observations survived the daily window.

Raw input

1,254

16,049

Normalized

1,254

16,049

Prepared

1,254

16,049

Aligned

1,244

1,244

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

14,815

A: 10 / B: 14805

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

F

DGS10

FRED · 16,049 raw → 16,049 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

26

Estimated crossover points between normalized spreads.

Slope

0.0057

Linear regression slope.

Intercept

2.5694

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-amzn-vs-fred-dgs10-daily-20260408-kbkccn