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Correlation Analysis

Amazon.Com Inc vs Fifth Third Bancorp

AMZN vs FITB

+0.685

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

F

Fifth Third Bancorp

FITB

Fifth Third Bancorp is a midsize regional bank in the US, with total assets of over $210 billion as of December 2025. The bank is set to close its acquisition of Comercia on Feb. 1, 2026. Headquartered in Cincinnati, Ohio, Fifth Third has a strong presence in the US Midwest and is currently expanding in the US Southeast. The bank provides a diversified set of financial services in retail banking, commercial banking, card and Treasury management, wealth and asset management, and capital markets.

Market cap 43.1B · 18,676 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockTechnologyFinancials

Time Series

Relative Performance

Green: AMZNGray: FITB36 of 1,254 points (sampled)

Who Moves First

AMZN leads FITB by 6 days

AMZN tends to move before FITB.

After testing 13 timing shifts, the strongest relationship was +0.695 (they moved in the same direction).

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

+0.282

12 periods · Return correlation when both series rose

Both Falling

+0.487

6 periods · Return correlation when both series fell

Diverging

-0.593

17 periods · Return correlation when series moved apart

R-Squared

47.0%

Share of variance in one series explained by the other.

Trend Agreement

58.4%

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: [0.655, 0.714]

Scatter

XY Regression

75.380100120140160180200220240241.9212530354045505555.54Amazon.Com IncFifth Third BancorpData pointsFit (r = 0.685)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

F

Fifth Third Bancorp

FITB

Market cap 43.1B · 18,676 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

16

Estimated crossover points between normalized spreads.

Slope

0.1098

Linear regression slope.

Intercept

19.8644

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-amzn-vs-stock-fitb-daily-20260408-k7mvx7