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Correlation Analysis

Amazon.Com Inc vs General Dynamics Corporation

AMZN vs GD

+0.654

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

GD logo

General Dynamics Corporation

GD

General Dynamics is a defense contractor and business jet manufacturer. The firm's segments are aerospace, marine, combat systems, and technologies. General Dynamics' aerospace segment manufactures Gulfstream business jets and operates a global aircraft servicing operation. Combat systems produces land-based combat vehicles such as the M1 Abrams tank and Stryker armored personnel carrier, as well as munitions. The marine segment builds and services nuclear-powered submarines, destroyers, and Navy support ships. The technologies segment contains two main units: an IT business that primarily serves the government market and a mission systems business focusing on electronics that provide command, control, computing, intelligence, surveillance, and reconnaissance capabilities to the military.

Market cap 95.2B · 117,000 employees

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

Time Series

Rebased to 100

Green: AMZNGray: GD36 of 1,254 points (sampled)

Who Moves First

AMZN leads GD by 6 days

AMZN tends to move before GD.

Best correlation after shifting: +0.655 (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

+0.012

14 periods · Return correlation when both series rose

Both Falling

N/A

1 periods · Return correlation when both series fell

Diverging

-0.669

20 periods · Return correlation when series moved apart

R-Squared

42.8%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

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: [0.621, 0.685]

Scatter

XY Regression

75.380100120140160180200220240241.9169.8200250300350361.7Amazon.Com IncGeneral Dynamics CorporationData pointsFit (r = 0.654)

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

GD logo

General Dynamics Corporation

GD

Market cap 95.2B · 117,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

43

Estimated crossover points between normalized spreads.

Slope

0.7264

Linear regression slope.

Intercept

134.9731

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-gd-daily-20260408-f8zcy7