Correlation Analysis
BWX Technologies, Inc. vs Mastercard Incorporated
BWXT vs MA
+0.859
Very strong positive
When one moves up, the other tends to follow.
BWX Technologies, Inc.
↗BWXT
BWX Technologies Inc is a specialty manufacturer and service provider of nuclear components, operating in two segments: Government Operations and Commercial Operations. The Government Operations segment produces naval nuclear reactors and fuel for the U.S. Naval Nuclear Propulsion Program, while the Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment, including containers for the storage of spent nuclear fuel and other high-level nuclear waste. The majority of the company's revenue comes from Government Operations, with sales principally in the United States, Canada, and other regions.
Market cap 19.8B · 10,400 employees
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
Time Series
Relative Performance
Who Moves First
MA leads BWXT by 6 days
MA tends to move before BWXT.
After testing 13 timing shifts, the strongest relationship was +0.867 (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
+0.416
11 periods · Return correlation when both series rose
Both Falling
+0.841
6 periods · Return correlation when both series fell
Diverging
-0.636
18 periods · Return correlation when series moved apart
R-Squared
73.8%
Share of variance in one series explained by the other.
Trend Agreement
57.5%
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: [0.844, 0.873]
Scatter
XY Regression
Pipeline
Data quality details
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
BWX Technologies, Inc.
BWXT
Market cap 19.8B · 10,400 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
26
Estimated crossover points between normalized spreads.
Slope
1.6086
Linear regression slope.
Intercept
283.4625
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-bwxt-vs-stock-ma-daily