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Correlation Analysis

Amazon.Com Inc vs Rivian Automotive, Inc. Class A Common Stock

AMZN vs RIVN

-0.180

Weak inverse

When one moves up, the other tends to move down.

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

RIVN logo

Rivian Automotive, Inc. Class A Common Stock

RIVN

Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.

Market cap 19B · 15,232 employees

Nov 10, 2021 — Apr 7, 2026Daily1,104 observationsStockStockTechnology

Time Series

Rebased to 100

Green: AMZNGray: RIVN36 of 1,104 points (sampled)

Who Moves First

RIVN leads AMZN by 6 days

RIVN tends to move before AMZN.

Best correlation after shifting: -0.203 (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

+0.430

13 periods · Return correlation when both series rose

Both Falling

+0.054

8 periods · Return correlation when both series fell

Diverging

-0.761

14 periods · Return correlation when series moved apart

R-Squared

3.2%

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

1,104

Deep shared window — 1,104 usable pairs.

Significance

p < 0.001

95% CI: [-0.236, -0.122]

Scatter

XY Regression

69.7100150200245.22.820406080100110.3Amazon.Com IncRivian Automotive, Inc. Class A Common StockData pointsFit (r = -0.18)

Pipeline

Data quality details

Pipeline Summary

1,104 paired observations survived the daily window.

Raw input

1,254

1,104

Normalized

1,254

1,104

Prepared

1,254

1,104

Aligned

1,104

1,104

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

150

A: 150 / B: 0

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

RIVN logo

Rivian Automotive, Inc. Class A Common Stock

RIVN

Market cap 19B · 15,232 employees

Stock · 1,104 raw → 1,104 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

-0.0850

Linear regression slope.

Intercept

37.8136

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-rivn-daily-20260408-fc648y