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Correlate

Correlation Analysis

Amazon.Com Inc vs T-Mobile US, Inc.

AMZN vs TMUS

+0.726

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

TMUS logo

T-Mobile US, Inc.

TMUS

Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.

Market cap 218.8B · 75,000 employees

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

Time Series

Rebased to 100

Green: AMZNGray: TMUS36 of 1,254 points (sampled)

Who Moves First

TMUS leads AMZN by 6 days

TMUS tends to move before AMZN.

Best correlation after shifting: +0.730 (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

-0.034

15 periods · Return correlation when both series rose

Both Falling

-0.412

6 periods · Return correlation when both series fell

Diverging

-0.750

14 periods · Return correlation when series moved apart

R-Squared

52.8%

Share of variance in one series explained by the other.

Trend Agreement

56.3%

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 < 0.001

95% CI: [0.699, 0.752]

Scatter

XY Regression

75.380100120140160180200220240241.9103.9120140160180200220240260277Amazon.Com IncT-Mobile US, Inc.Data pointsFit (r = 0.726)

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

TMUS logo

T-Mobile US, Inc.

TMUS

Market cap 218.8B · 75,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

50

Estimated crossover points between normalized spreads.

Slope

0.7497

Linear regression slope.

Intercept

45.2545

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-amzn-vs-stock-tmus-daily-20260408-w1oy4l