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Correlation Analysis

Amphenol Corporation vs Mastercard Incorporated

APH vs MA

+0.832

Strong positive

When one moves up, the other tends to follow.

APH logo

Amphenol Corporation

APH

Amphenol is a global supplier of connectors, sensors, and interconnect systems. It holds the second-largest connector market share globally and sells into the automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks end markets. Amphenol is diversified geographically, with operations in 40 countries.

Market cap 155.5B · 170,000 employees

MA logo

Mastercard Incorporated

MA

Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.

Market cap 447.2B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancials

Time Series

Relative Performance

Green: APHGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads APH by 6 days

MA tends to move before APH.

After testing 13 timing shifts, the strongest relationship was +0.841 (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

+0.805

13 periods · Return correlation when both series rose

Both Falling

+0.601

9 periods · Return correlation when both series fell

Diverging

-0.703

13 periods · Return correlation when series moved apart

R-Squared

69.3%

Share of variance in one series explained by the other.

Trend Agreement

63.6%

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: [0.814, 0.848]

Scatter

XY Regression

25406080100120140152.5308.1350400450500550599.5Amphenol CorporationMastercard IncorporatedData pointsFit (r = 0.832)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

APH logo

Amphenol Corporation

APH

Market cap 155.5B · 170,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

32

Estimated crossover points between normalized spreads.

Slope

2.2060

Linear regression slope.

Intercept

298.2689

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-aph-vs-stock-ma-daily