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Correlation Analysis

Amazon.Com Inc vs Emerson Electric Co.

AMZN vs EMR

+0.875

Very 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

EMR logo

Emerson Electric Co.

EMR

Founded in 1890 as the first manufacturer of electric fans in North America, Emerson Electric has become a leading industrial automation player through the acquisition of established brands. Emerson organizes its business into seven segments that sell a wide range of automation software, power tools, and automation hardware such as valves, gauges, and switches. In recent years, Emerson divested its climate technology and consumer businesses to become more of a pure-play industrial automation company. The automation of a factory is an enticing long-term proposition for manufacturers, helping reduce accident rates and raise uptime and productivity.

Market cap 74.6B · 71,000 employees

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

Time Series

Rebased to 100

Green: AMZNGray: EMR36 of 1,254 points (sampled)

Who Moves First

in sync

AMZN and EMR tend to move at the same time.

Best correlation after shifting: +0.875 (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

+0.693

14 periods · Return correlation when both series rose

Both Falling

+0.693

6 periods · Return correlation when both series fell

Diverging

-0.798

15 periods · Return correlation when series moved apart

R-Squared

76.5%

Share of variance in one series explained by the other.

Trend Agreement

62.1%

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: [0.861, 0.887]

Scatter

XY Regression

75.380100120140160180200220240241.974.380100120140150.2Amazon.Com IncEmerson Electric Co.Data pointsFit (r = 0.875)

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

EMR logo

Emerson Electric Co.

EMR

Market cap 74.6B · 71,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

26

Estimated crossover points between normalized spreads.

Slope

0.3860

Linear regression slope.

Intercept

40.4555

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-emr-daily-20260408-c0sefj