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Correlation Analysis

Amazon.Com Inc vs Fiserv, Inc. Common Stock

AMZN vs FISV

-0.595

Moderate 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

FISV logo

Fiserv, Inc. Common Stock

FISV

Fiserv is a leading provider of core processing and complementary services, such as electronic funds transfer, payment processing, and loan processing, for US banks and credit unions, with a focus on small and midsize banks. Following its 2019 merger with First Data, Fiserv also provides payment processing services to merchants. About 10% of the company's revenue is generated internationally.

Market cap 30B · 38,000 employees

Apr 9, 2021 — Apr 7, 2026Daily644 observationsStockStockTechnology

Time Series

Rebased to 100

Green: AMZNGray: FISV36 of 644 points (sampled)

Who Moves First

in sync

AMZN and FISV tend to move at the same time.

Best correlation after shifting: -0.595 (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

+0.222

7 periods · Return correlation when both series rose

Both Falling

+0.460

12 periods · Return correlation when both series fell

Diverging

-0.959

16 periods · Return correlation when series moved apart

R-Squared

35.3%

Share of variance in one series explained by the other.

Trend Agreement

65.0%

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

Overlap Quality

644

Robust shared window — 644 usable pairs.

Significance

p < 0.001

95% CI: [-0.642, -0.542]

Scatter

XY Regression

75.380100120140160180200220240250.249.86080100120129.8Amazon.Com IncFiserv, Inc. Common StockData pointsFit (r = -0.595)

Pipeline

Data quality details

Pipeline Summary

644 paired observations survived the daily window.

Raw input

1,254

644

Normalized

1,254

644

Prepared

1,254

644

Aligned

644

644

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

610

A: 610 / B: 0

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

FISV logo

Fiserv, Inc. Common Stock

FISV

Market cap 30B · 38,000 employees

Stock · 644 raw → 644 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

-0.2418

Linear regression slope.

Intercept

135.5020

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-fisv-daily-20260408-49r12t