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Correlation Analysis

Amazon.Com Inc vs Citizens Financial Group, Inc.

AMZN vs CFG

+0.599

Moderate 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

CFG logo

Citizens Financial Group, Inc.

CFG

Citizens Financial Group Inc is a bank holding company headquartered in Providence, Rhode Island. Through its subsidiaries, it offers various retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. The group's reportable business segments are: Consumer Banking and Commercial Banking. The majority of its revenue is generated from the Consumer Banking segment, which serves consumer customers and small businesses, offering traditional banking products and services, including deposits, mortgage and home equity lending, credit cards, small business loans, education loans, point-of-sale finance loans, and wealth management solutions, among others, through a network of branches and ATMs.

Market cap 26.1B · 17,398 employees

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

Time Series

Rebased to 100

Green: AMZNGray: CFG36 of 1,254 points (sampled)

Who Moves First

AMZN leads CFG by 6 days

AMZN tends to move before CFG.

Best correlation after shifting: +0.613 (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

-0.052

13 periods · Return correlation when both series rose

Both Falling

+0.706

6 periods · Return correlation when both series fell

Diverging

-0.571

16 periods · Return correlation when series moved apart

R-Squared

35.9%

Share of variance in one series explained by the other.

Trend Agreement

59.1%

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: [0.562, 0.634]

Scatter

XY Regression

75.380100120140160180200220240241.920.13040506068.1Amazon.Com IncCitizens Financial Group, Inc.Data pointsFit (r = 0.599)

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

CFG logo

Citizens Financial Group, Inc.

CFG

Market cap 26.1B · 17,398 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

27

Estimated crossover points between normalized spreads.

Slope

0.1294

Linear regression slope.

Intercept

20.0194

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-cfg-daily-20260408-9zthr3