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Correlation Analysis

Amazon.Com Inc vs C.H. Robinson Worldwide, Inc.

AMZN vs CHRW

+0.449

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

CHRW logo

C.H. Robinson Worldwide, Inc.

CHRW

C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of transportation management services and a legacy produce-sourcing operation.

Market cap 19.9B · 11,855 employees

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

Time Series

Rebased to 100

Green: AMZNGray: CHRW36 of 1,254 points (sampled)

Who Moves First

AMZN leads CHRW by 6 days

AMZN tends to move before CHRW.

Best correlation after shifting: +0.464 (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

-0.444

13 periods · Return correlation when both series rose

Both Falling

+0.405

7 periods · Return correlation when both series fell

Diverging

-0.503

15 periods · Return correlation when series moved apart

R-Squared

20.2%

Share of variance in one series explained by the other.

Trend Agreement

56.3%

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: [0.404, 0.492]

Scatter

XY Regression

75.380100120140160180200220240241.963.580100120140160175.5Amazon.Com IncC.H. Robinson Worldwide, Inc.Data pointsFit (r = 0.449)

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

CHRW logo

C.H. Robinson Worldwide, Inc.

CHRW

Market cap 19.9B · 11,855 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

31

Estimated crossover points between normalized spreads.

Slope

0.2503

Linear regression slope.

Intercept

61.8836

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-chrw-daily-20260408-voa8s4