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Correlation Analysis

Amazon.Com Inc vs Sysco Corporation

AMZN vs SYY

-0.067

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

SYY logo

Sysco Corporation

SYY

Sysco is the largest US foodservice distributor with 18% share of the highly fragmented $377 billion domestic market. It distributes roughly 500,000 food and nonfood products to restaurants (60% of fiscal 2025 revenue), education and government buildings (8%), healthcare facilities (8%), travel and leisure (7%), and other locations (17%) where individuals consume away-from-home meals. In fiscal 2025, 70% of the firm's revenue was derived from its US foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments contributed the rest.

Market cap 35B · 75,000 employees

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

Time Series

Rebased to 100

Green: AMZNGray: SYY36 of 1,254 points (sampled)

Who Moves First

SYY leads AMZN by 6 days

SYY tends to move before AMZN.

Best correlation after shifting: -0.088 (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

+0.145

11 periods · Return correlation when both series rose

Both Falling

-0.736

6 periods · Return correlation when both series fell

Diverging

-0.827

18 periods · Return correlation when series moved apart

R-Squared

0.4%

Share of variance in one series explained by the other.

Trend Agreement

54.3%

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 < 0.05

95% CI: [-0.122, -0.012]

Scatter

XY Regression

75.380100120140160180200220240241.963.5965707580859091.86Amazon.Com IncSysco CorporationData pointsFit (r = -0.067)

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

SYY logo

Sysco Corporation

SYY

Market cap 35B · 75,000 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

-0.0079

Linear regression slope.

Intercept

78.4983

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-syy-daily-20260408-6clkqk