Correlation Analysis
Amazon.Com Inc vs Coterra Energy Inc.
AMZN vs CTRA
-0.084
Weak inverse
When one moves up, the other tends to move down.
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
Coterra Energy Inc.
↗CTRA
Coterra Energy Inc is an independent oil and gas company engaged in the development, exploration, and production of oil, natural gas, and natural gas liquids (NGLs). Its operations are mainly concentrated in areas with hydrocarbon resources, which are conducive to multi-well, repeatable development programs, and include the Permian Basin located in Texas and New Mexico, the Marcellus Shale in northeast Pennsylvania, and the Anadarko Basin located in the mid-continent region in Oklahoma. The company operates in one segment, oil and natural gas development, exploration, and production, in the continental U.S.
Market cap 26.3B · 1,075 employees
Time Series
Relative Performance
Who Moves First
CTRA leads AMZN by 6 days
CTRA tends to move before AMZN.
After testing 13 timing shifts, the strongest relationship was -0.132 (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
-0.149
11 periods · Return correlation when both series rose
Both Falling
N/A
3 periods · Return correlation when both series fell
Diverging
-0.787
21 periods · Return correlation when series moved apart
R-Squared
0.7%
Share of variance in one series explained by the other.
Trend Agreement
52.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,131
Deep shared window — 1,131 usable pairs.
Significance
p < 0.01
95% CI: [-0.141, -0.026]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,131 paired data points survived the daily window.
Raw input
1,254
1,131
Normalized
1,254
1,131
Prepared
1,254
1,131
Aligned
1,131
1,131
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
123
A: 123 / B: 0
Series A
Amazon.Com Inc
AMZN
Market cap 2.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Coterra Energy Inc.
CTRA
Market cap 26.3B · 1,075 employees
Stock · 1,131 raw → 1,131 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
9
Estimated crossover points between normalized spreads.
Slope
-0.0054
Linear regression slope.
Intercept
27.0063
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-amzn-vs-stock-ctra-daily-20260408-1r1xv2