Correlation Analysis
Amazon.Com Inc vs UNRATE
AMZN vs UNRATE
+0.479
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
UNRATE
UNRATE
Time Series
Relative Performance
Who Moves First
AMZN leads UNRATE by 5 months
AMZN tends to move before UNRATE.
After testing 13 timing shifts, the strongest relationship was +0.754 (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
-0.036
8 periods · Return correlation when both series rose
Both Falling
-0.242
7 periods · Return correlation when both series fell
Diverging
-0.389
20 periods · Return correlation when series moved apart
R-Squared
23.0%
Share of variance in one series explained by the other.
Trend Agreement
56.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
59
Thin shared window — 59 usable pairs.
Significance
p < 0.001
95% CI: [0.254, 0.655]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
59 paired data points survived the monthly window.
Raw input
1,254
938
Normalized
1,254
938
Prepared
61
938
Aligned
59
59
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
881
A: 2 / B: 879
Series A
Amazon.Com Inc
AMZN
Market cap 2.3T
Stock · 1,254 raw → 61 prepared
Series B
UNRATE
FRED · 938 raw → 938 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
6
Estimated crossover points between normalized spreads.
Slope
0.0067
Linear regression slope.
Intercept
2.9773
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-amzn-vs-fred-unrate-monthly-20260408-iy7sdz