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Correlation Analysis

Amazon.Com Inc vs EXAS

AMZN vs EXAS

+0.146

Weak 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

E

EXAS

EXAS

Apr 9, 2021 — Mar 20, 2026Daily1,243 observationsStockStockTechnology

Time Series

Rebased to 100

Green: AMZNGray: EXAS36 of 1,243 points (sampled)

Who Moves First

in sync

AMZN and EXAS tend to move at the same time.

Best correlation after shifting: +0.146 (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

+0.071

10 periods · Return correlation when both series rose

Both Falling

+0.660

9 periods · Return correlation when both series fell

Diverging

-0.702

16 periods · Return correlation when series moved apart

R-Squared

2.1%

Share of variance in one series explained by the other.

Trend Agreement

63.5%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,243

Deep shared window — 1,243 usable pairs.

Significance

p < 0.001

95% CI: [0.091, 0.200]

Scatter

XY Regression

76.210015020025025426406080100120132.9Amazon.Com IncEXASData pointsFit (r = 0.146)

Pipeline

Data quality details

Pipeline Summary

1,243 paired observations survived the daily window.

Raw input

1,254

1,243

Normalized

1,254

1,243

Prepared

1,254

1,243

Aligned

1,243

1,243

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

11

A: 11 / B: 0

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

E

EXAS

Stock · 1,243 raw → 1,243 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

0.0782

Linear regression slope.

Intercept

55.8908

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-exas-daily-20260408-ryrwt6