Correlation Analysis
Amazon.Com Inc vs PayPal Holdings, Inc. Common Stock
AMZN vs PYPL
-0.013
Near-zero inverse
When one moves up, the other tends to move down.
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
PayPal Holdings, Inc. Common Stock
↗PYPL
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.
Market cap 41.9B · 23,800 employees
Who Moves First
PYPL leads AMZN by 6 days
PYPL tends to move before AMZN.
Best correlation after shifting: -0.018 (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
-0.030
11 periods · Return correlation when both series rose
Both Falling
+0.010
11 periods · Return correlation when both series fell
Diverging
-0.349
13 periods · Return correlation when series moved apart
R-Squared
0.0%
Share of variance in one series explained by the other.
Trend Agreement
67.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
n.s.
95% CI: [-0.069, 0.042]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
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
Amazon.Com Inc
AMZN
Market cap 2.3T
Stock · 1,254 raw → 1,254 prepared
Series B
PayPal Holdings, Inc. Common Stock
PYPL
Market cap 41.9B · 23,800 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0215
Linear regression slope.
Intercept
104.4988
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
AMZN
Amazon.Com Inc
Highest
+0.941
Grayscale Bitcoin Trust ETF
GBTC · 1,066 observations
Lowest
-0.877
Humana Inc.
HUM · 1,254 observations
PYPL
PayPal Holdings, Inc. Common Stock
Highest
-0.066
Tesla, Inc. Common Stock
TSLA · 1,254 observations
Lowest
-0.854
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-amzn-vs-stock-pypl-daily-20260408-5p7ycs