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Correlation Analysis

Amazon.Com Inc vs Dollar Tree Inc.

AMZN vs DLTR

-0.661

Strong 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

DLTR logo

Dollar Tree Inc.

DLTR

Founded in 1986, Dollar Tree operates almost 9,000 small-box discount stores across the United States and Canada, offering roughly 85% of its merchandise under $2. The chain targets value-conscious suburban and urban shoppers with a mix of consumables (49% of sales), variety (45%), and seasonal goods (6%). In fiscal 2024, Dollar Tree generated over $17 billion in sales, through its multi-price strategy, higher-margin discretionary assortments, and private-label products that account for nearly one-third of sales.

Market cap 21.9B · 153,032 employees

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

Who Moves First

DLTR leads AMZN by 6 days

DLTR tends to move before AMZN.

Best correlation after shifting: -0.674 (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

+0.002

14 periods · Return correlation when both series rose

Both Falling

-0.314

8 periods · Return correlation when both series fell

Diverging

-0.627

13 periods · Return correlation when series moved apart

R-Squared

43.7%

Share of variance in one series explained by the other.

Trend Agreement

56.0%

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: [-0.691, -0.629]

Time Series

Rebased to 100

Green: AMZNGray: DLTR36 of 1,254 points (sampled)

Scatter

XY Regression

75.380100120140160180200220240241.955.86080100120140160180182Amazon.Com IncDollar Tree Inc.Data pointsFit (r = -0.661)

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

DLTR logo

Dollar Tree Inc.

DLTR

Market cap 21.9B · 153,032 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

10

Estimated crossover points between normalized spreads.

Slope

-0.4418

Linear regression slope.

Intercept

192.7600

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-dltr-daily-20260408-fa77d2