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Correlation Analysis

Amazon.Com Inc vs Becton, Dickinson and Co.

AMZN vs BDX

-0.647

Moderate 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

BDX logo

Becton, Dickinson and Co.

BDX

Becton Dickinson is the world's largest manufacturer and distributor of medical surgical products, such as needles, syringes, and sharps-disposal units. The company also manufactures prefilled devices, diagnostic instruments, and reagents, as well as flow cytometry and cell-imaging systems. On a 2025 sales basis, following the spinoff, BD Medical Essentials represented 34% of revenue, the Interventional segment 28%, Connected Care 25%, and Biopharma 13%. International revenue accounts for 43% of the company's business.

Market cap 44.2B · 72,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnology

Time Series

Relative Performance

Green: AMZNGray: BDX36 of 1,254 points (sampled)

Who Moves First

BDX leads AMZN by 6 days

BDX tends to move before AMZN.

After testing 13 timing shifts, the strongest relationship was -0.661 (they moved in opposite directions).

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

-0.079

14 periods · Return correlation when both series rose

Both Falling

+0.417

9 periods · Return correlation when both series fell

Diverging

-0.888

12 periods · Return correlation when series moved apart

R-Squared

41.9%

Share of variance in one series explained by the other.

Trend Agreement

55.8%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [-0.678, -0.614]

Scatter

XY Regression

75.380100120140160180200220240241.9145.7160180200220240260279.9Amazon.Com IncBecton, Dickinson and Co.Data pointsFit (r = -0.647)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

BDX logo

Becton, Dickinson and Co.

BDX

Market cap 44.2B · 72,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

37

Estimated crossover points between normalized spreads.

Slope

-0.4264

Linear regression slope.

Intercept

304.5455

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-amzn-vs-stock-bdx-daily-20260408-02p4on