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Correlation Analysis

Amazon.Com Inc vs Cintas Corp

AMZN vs CTAS

+0.764

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

CTAS logo

Cintas Corp

CTAS

Cintas has roots dating back to 1929, when the Farmer family cleaned and resold dirty rags to manufacturing plants in Ohio. The firm has expanded its business organically and through acquisitions, and today Cintas acts as a one-stop outsourcing partner for businesses. Cintas will design, manufacture, collect, and clean every employee uniform for a small weekly sum, taking on the upfront capital expense itself. At the same stop, Cintas can also replace soiled or depleted mats, mops, trash liners, towels, first aid supplies, fire extinguishers, and cleaning products. Businesses value an outsourcing partner like Cintas as it simplifies operations and leaves noncore tasks with high regulatory standards in the hands of professionals.

Market cap 68.7B · 48,300 employees

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

Time Series

Rebased to 100

Green: AMZNGray: CTAS36 of 1,254 points (sampled)

Who Moves First

CTAS leads AMZN by 6 days

CTAS tends to move before AMZN.

Best correlation after shifting: +0.771 (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

+0.388

15 periods · Return correlation when both series rose

Both Falling

+0.251

6 periods · Return correlation when both series fell

Diverging

-0.721

14 periods · Return correlation when series moved apart

R-Squared

58.3%

Share of variance in one series explained by the other.

Trend Agreement

62.2%

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: [0.740, 0.786]

Scatter

XY Regression

75.380100120140160180200220240241.977.280100120140160180200220236Amazon.Com IncCintas CorpData pointsFit (r = 0.764)

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

CTAS logo

Cintas Corp

CTAS

Market cap 68.7B · 48,300 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

32

Estimated crossover points between normalized spreads.

Slope

0.8234

Linear regression slope.

Intercept

9.1644

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-ctas-daily-20260408-6j0suh