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Correlation Analysis

Boeing Company vs Mastercard Incorporated

BA vs MA

+0.120

Weak positive

When one moves up, the other tends to follow.

BA logo

Boeing Company

BA

Boeing is a major aerospace and defense firm operating in three segments: commercial airplanes; defense, space, and security; and global services. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft that can carry more than 130 passengers. Boeing's defense, space, and security segment competes with defense contractors such as Lockheed Martin and Northrop Grumman to create military aircraft, satellites, and weaponry. Global services provides aftermarket support to airlines.

Market cap 166.8B · 3,200 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 pointsStockStockIndustrialsFinancials

Time Series

Relative Performance

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

Who Moves First

in sync

BA and MA tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.120 (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

+0.633

10 periods · Return correlation when both series rose

Both Falling

+0.409

11 periods · Return correlation when both series fell

Diverging

-0.806

14 periods · Return correlation when series moved apart

R-Squared

1.4%

Share of variance in one series explained by the other.

Trend Agreement

59.2%

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: [0.065, 0.174]

Scatter

XY Regression

117.1120140160180200220240260270.9308.1350400450500550599.5Boeing CompanyMastercard IncorporatedData pointsFit (r = 0.12)

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

BA logo

Boeing Company

BA

Market cap 166.8B · 3,200 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

1

Estimated crossover points between normalized spreads.

Slope

0.3374

Linear regression slope.

Intercept

366.1408

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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