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Correlation Analysis

Amazon.Com Inc vs Jabil Inc.

AMZN vs JBL

+0.731

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

JBL logo

Jabil Inc.

JBL

Jabil Inc. is a U.S based company providing engineering, manufacturing, and supply chain solutions. It provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. It operates through three segments: Regulated Industries, serving automotive, healthcare, and renewables; Intelligent Infrastructure, focused on AI, cloud, data centers, and communications, driving the majority of revenue; and Connected Living and Digital Commerce, specializing in digitalization and automation, such as robotics and warehouse automation. The company operates in the U.S., Mexico, China, Malaysia, Singapore, and several other markets.

Market cap 28.2B · 135,000 employees

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

Time Series

Relative Performance

Green: AMZNGray: JBL36 of 1,254 points (sampled)

Who Moves First

JBL leads AMZN by 6 days

JBL tends to move before AMZN.

After testing 13 timing shifts, the strongest relationship was +0.733 (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

+0.514

15 periods · Return correlation when both series rose

Both Falling

+0.872

5 periods · Return correlation when both series fell

Diverging

-0.550

15 periods · Return correlation when series moved apart

R-Squared

53.5%

Share of variance in one series explained by the other.

Trend Agreement

63.1%

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: [0.704, 0.756]

Scatter

XY Regression

75.380100120140160180200220240241.935.950100150200250290.4Amazon.Com IncJabil Inc.Data pointsFit (r = 0.731)

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

JBL logo

Jabil Inc.

JBL

Market cap 28.2B · 135,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

19

Estimated crossover points between normalized spreads.

Slope

1.0177

Linear regression slope.

Intercept

-52.9190

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-amzn-vs-stock-jbl-daily-20260408-2n2ghr