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Correlation Analysis

Amazon.Com Inc vs GE Vernova Inc.

AMZN vs GEV

+0.682

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

GEV logo

GE Vernova Inc.

GEV

GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, inclusive of onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to point of consumption.

Market cap 241.3B · 75,000 employees

Apr 2, 2024 — Apr 7, 2026Daily505 data pointsStockStockTechnology

Time Series

Relative Performance

Green: AMZNGray: GEV36 of 505 points (sampled)

Who Moves First

GEV leads AMZN by 6 days

GEV tends to move before AMZN.

After testing 13 timing shifts, the strongest relationship was +0.687 (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

+0.022

16 periods · Return correlation when both series rose

Both Falling

+0.183

9 periods · Return correlation when both series fell

Diverging

-0.644

10 periods · Return correlation when series moved apart

R-Squared

46.5%

Share of variance in one series explained by the other.

Trend Agreement

62.0%

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

Overlap Quality

505

Robust shared window — 505 usable pairs.

Significance

p < 0.001

95% CI: [0.632, 0.726]

Scatter

XY Regression

154.2160180200220240253.375200400600800973Amazon.Com IncGE Vernova Inc.Data pointsFit (r = 0.682)

Pipeline

Data quality details

Pipeline Summary

505 paired data points survived the daily window.

Raw input

1,254

505

Normalized

1,254

505

Prepared

1,254

505

Aligned

505

505

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

749

A: 749 / B: 0

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

GEV logo

GE Vernova Inc.

GEV

Market cap 241.3B · 75,000 employees

Stock · 505 raw → 505 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

6.9294

Linear regression slope.

Intercept

-1007.5068

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-amzn-vs-stock-gev-daily-20260408-hggvyl