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Correlation Analysis

Amazon.Com Inc vs Martin Marietta Materials

AMZN vs MLM

+0.810

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

MLM logo

Martin Marietta Materials

MLM

Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, North Carolina, Colorado, California, and Georgia, accounting for most of its sales. The company also uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Market cap 36.1B · 9,600 employees

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

Time Series

Rebased to 100

Green: AMZNGray: MLM36 of 1,254 points (sampled)

Who Moves First

MLM leads AMZN by 6 days

MLM tends to move before AMZN.

Best correlation after shifting: +0.812 (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

+0.442

15 periods · Return correlation when both series rose

Both Falling

+0.190

8 periods · Return correlation when both series fell

Diverging

-0.818

12 periods · Return correlation when series moved apart

R-Squared

65.5%

Share of variance in one series explained by the other.

Trend Agreement

63.4%

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: [0.790, 0.828]

Scatter

XY Regression

75.380100120140160180200220240241.9299300400500600687Amazon.Com IncMartin Marietta MaterialsData pointsFit (r = 0.81)

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

MLM logo

Martin Marietta Materials

MLM

Market cap 36.1B · 9,600 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

25

Estimated crossover points between normalized spreads.

Slope

2.0257

Linear regression slope.

Intercept

128.3654

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-mlm-daily-20260408-2owcwj