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Correlation Analysis

Amazon.Com Inc vs Toast, Inc.

AMZN vs TOST

+0.725

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

TOST logo

Toast, Inc.

TOST

Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.

Market cap 15.9B · 6,500 employees

Sep 22, 2021 — Apr 7, 2026Daily1,139 data pointsStockStockTechnology

Time Series

Relative Performance

Green: AMZNGray: TOST36 of 1,139 points (sampled)

Who Moves First

AMZN leads TOST by 4 days

AMZN tends to move before TOST.

After testing 13 timing shifts, the strongest relationship was +0.728 (they moved in the same direction).

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

+0.757

13 periods · Return correlation when both series rose

Both Falling

-0.020

10 periods · Return correlation when both series fell

Diverging

-0.504

12 periods · Return correlation when series moved apart

R-Squared

52.5%

Share of variance in one series explained by the other.

Trend Agreement

67.7%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,139

Deep shared window — 1,139 usable pairs.

Significance

p < 0.001

95% CI: [0.696, 0.751]

Scatter

XY Regression

73.4100150200250256.89.810203040506066.4Amazon.Com IncToast, Inc.Data pointsFit (r = 0.725)

Pipeline

Data quality details

Pipeline Summary

1,139 paired data points survived the daily window.

Raw input

1,254

1,139

Normalized

1,254

1,139

Prepared

1,254

1,139

Aligned

1,139

1,139

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

115

A: 115 / B: 0

Series A

AMZN logo

Amazon.Com Inc

AMZN

Market cap 2.3T

Stock · 1,254 raw → 1,254 prepared

Series B

TOST logo

Toast, Inc.

TOST

Market cap 15.9B · 6,500 employees

Stock · 1,139 raw → 1,139 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

0.1691

Linear regression slope.

Intercept

-0.6547

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-amzn-vs-stock-tost-daily-20260408-palwhi