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Correlation Analysis

Cincinnati Financial Corp vs Tesla, Inc. Common Stock

CINF vs TSLA

+0.715

Strong positive

When one moves up, the other tends to follow.

CINF logo

Cincinnati Financial Corp

CINF

Cincinnati Financial Corp is a property and casualty insurance company that generates income through written premiums. A select group of independent agencies actively markets the company's business, home, and automotive insurance within their communities. These agents offer the company's personal lines as well as its standard market, excess, and surplus commercial line policies in many regions in the United States. Cincinnati Financial also offers leasing and financing services. The company operates in segments: Commercial lines insurance, Personal lines insurance, Excess and surplus lines insurance, Life insurance, and Investments. The vast majority of the company's revenue is generated through commercial lines, followed by personal lines.

Market cap 24.9B · 5,705 employees

TSLA logo

Tesla, Inc. Common Stock

TSLA

Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.

Market cap 1.3T

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

Time Series

Relative Performance

Green: CINFGray: TSLA36 of 1,254 points (sampled)

Who Moves First

CINF leads TSLA by 6 days

CINF tends to move before TSLA.

After testing 13 timing shifts, the strongest relationship was +0.723 (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

-0.100

14 periods · Return correlation when both series rose

Both Falling

-0.485

8 periods · Return correlation when both series fell

Diverging

-0.573

13 periods · Return correlation when series moved apart

R-Squared

51.2%

Share of variance in one series explained by the other.

Trend Agreement

54.1%

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: [0.687, 0.741]

Scatter

XY Regression

92.8100120140160172.8110200300400500509Cincinnati Financial CorpTesla, Inc. Common StockData pointsFit (r = 0.715)

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

CINF logo

Cincinnati Financial Corp

CINF

Market cap 24.9B · 5,705 employees

Stock · 1,254 raw → 1,254 prepared

Series B

TSLA logo

Tesla, Inc. Common Stock

TSLA

Market cap 1.3T

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

41

Estimated crossover points between normalized spreads.

Slope

2.9561

Linear regression slope.

Intercept

-95.7370

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-cinf-vs-stock-tsla-daily