Correlation Analysis
Amazon.Com Inc vs PCE
AMZN vs PCE
+0.585
Moderate positive
When one moves up, the other tends to follow.
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
PCE
PCE
Time Series
Relative Performance
Who Moves First
PCE leads AMZN by 6 months
PCE tends to move before AMZN.
After testing 13 timing shifts, the strongest relationship was +0.718 (they moved in the same direction).
Stability
Rolling Correlation
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
+0.187
24 periods · Return correlation when both series rose
Both Falling
N/A
0 periods · Return correlation when both series fell
Diverging
-0.012
11 periods · Return correlation when series moved apart
R-Squared
34.2%
Share of variance in one series explained by the other.
Trend Agreement
61.4%
How often both series moved in the same direction period-to-period.
Overlap Quality
58
Thin shared window — 58 usable pairs.
Significance
p < 0.001
95% CI: [0.385, 0.733]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
58 paired data points survived the monthly window.
Raw input
1,254
805
Normalized
1,254
805
Prepared
61
805
Aligned
58
58
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
750
A: 3 / B: 747
Series A
Amazon.Com Inc
AMZN
Market cap 2.3T
Stock · 1,254 raw → 61 prepared
Series B
PCE
FRED · 805 raw → 805 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
22.4161
Linear regression slope.
Intercept
15227.7353
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-amzn-vs-fred-pce-monthly-20260408-z6chq9