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Correlation Analysis

Amazon.Com Inc vs Mastercard Incorporated

AMZN vs MA

+0.841

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

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

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

Time Series

Rebased to 100

Green: AMZNGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads AMZN by 6 days

MA tends to move before AMZN.

Best correlation after shifting: +0.841 (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

+0.468

16 periods · Return correlation when both series rose

Both Falling

+0.295

10 periods · Return correlation when both series fell

Diverging

-0.804

9 periods · Return correlation when series moved apart

R-Squared

70.6%

Share of variance in one series explained by the other.

Trend Agreement

63.0%

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: [0.823, 0.856]

Scatter

XY Regression

75.380100120140160180200220240241.9308.1350400450500550599.5Amazon.Com IncMastercard IncorporatedData pointsFit (r = 0.841)

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

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

37

Estimated crossover points between normalized spreads.

Slope

1.7053

Linear regression slope.

Intercept

148.2024

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-ma-daily-20260408-gn76st