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Correlation Analysis

Amazon.Com Inc vs General Motors Company

AMZN vs GM

+0.738

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

GM logo

General Motors Company

GM

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2025 US share was 17.4%, up 60 basis points from 2024. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.

Market cap 66.4B · 156,000 employees

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

Time Series

Rebased to 100

Green: AMZNGray: GM36 of 1,254 points (sampled)

Who Moves First

AMZN leads GM by 6 days

AMZN tends to move before GM.

Best correlation after shifting: +0.744 (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

-0.181

13 periods · Return correlation when both series rose

Both Falling

-0.062

11 periods · Return correlation when both series fell

Diverging

-0.444

11 periods · Return correlation when series moved apart

R-Squared

54.4%

Share of variance in one series explained by the other.

Trend Agreement

60.7%

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: [0.711, 0.762]

Scatter

XY Regression

75.380100120140160180200220240241.92330405060708086.7Amazon.Com IncGeneral Motors CompanyData pointsFit (r = 0.738)

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

GM logo

General Motors Company

GM

Market cap 66.4B · 156,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

21

Estimated crossover points between normalized spreads.

Slope

0.2237

Linear regression slope.

Intercept

10.5539

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-gm-daily-20260408-we5i6j