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Correlation Analysis

Amazon.Com Inc vs Akamai Technologies Inc

AMZN vs AKAM

-0.054

Weak inverse

When one moves up, the other tends to move down.

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

AKAM logo

Akamai Technologies Inc

AKAM

Akamai operates a content delivery network, which entails locating servers at the edges of networks so its customers, which store content on Akamai servers, can reach their own customers faster, more securely, and with better quality. Akamai has over 325,000 servers distributed over 4,100 points of presence in more than 1,000 cities worldwide. The firm also offers security and cloud computing for its customers, and those businesses have grown to be bigger than the legacy CDN.

Market cap 16.9B · 11,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Time Series

Rebased to 100

Green: AMZNGray: AKAM36 of 1,254 points (sampled)

Who Moves First

AKAM leads AMZN by 6 days

AKAM tends to move before AMZN.

Best correlation after shifting: -0.077 (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

-0.165

17 periods · Return correlation when both series rose

Both Falling

+0.774

11 periods · Return correlation when both series fell

Diverging

-0.805

7 periods · Return correlation when series moved apart

R-Squared

0.3%

Share of variance in one series explained by the other.

Trend Agreement

64.8%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

n.s.

95% CI: [-0.109, 0.001]

Scatter

XY Regression

75.380100120140160180200220240241.969.6708090100110120129.2Amazon.Com IncAkamai Technologies IncData pointsFit (r = -0.054)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations 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

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

AKAM logo

Akamai Technologies Inc

AKAM

Market cap 16.9B · 11,000 employees

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

-0.0176

Linear regression slope.

Intercept

100.0731

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-akam-daily-20260408-hsw6nr