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Correlation Analysis

Amazon.Com Inc vs American Express Company

AMZN vs AXP

+0.875

Very strong 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

AXP logo

American Express Company

AXP

American Express is a global financial institution, operating in about 130 countries, that provides consumers and businesses charge and credit card payment products. The company also operates a highly profitable merchant payment network. It operates in four segments: US consumer services, US commercial services, international card services, and global merchant and network services. In addition to payment products, the company's commercial business offers expense management tools, consulting services, and business loans.

Market cap 209.7B · 76,800 employees

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

Time Series

Rebased to 100

Green: AMZNGray: AXP36 of 1,254 points (sampled)

Who Moves First

in sync

AMZN and AXP tend to move at the same time.

Best correlation after shifting: +0.875 (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

+0.454

15 periods · Return correlation when both series rose

Both Falling

+0.744

7 periods · Return correlation when both series fell

Diverging

-0.794

13 periods · Return correlation when series moved apart

R-Squared

76.6%

Share of variance in one series explained by the other.

Trend Agreement

63.7%

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: [0.861, 0.887]

Scatter

XY Regression

75.380100120140160180200220240241.9124.6150200250300350395.2Amazon.Com IncAmerican Express CompanyData pointsFit (r = 0.875)

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

AXP logo

American Express Company

AXP

Market cap 209.7B · 76,800 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

1.4455

Linear regression slope.

Intercept

-22.5779

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-axp-daily-20260408-i15lbb