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Correlation Analysis

Capital One Financial vs Mastercard Incorporated

COF vs MA

+0.802

Strong positive

When one moves up, the other tends to follow.

COF logo

Capital One Financial

COF

Capital One is a diversified financial services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Following the acquisition of Discover in 2025, the firm also has a modest personal loan business, though credit card lending provides the majority of the bank's revenue.

Market cap 114.6B · 76,300 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 pointsStockStockFinancialsFinancials

Time Series

Relative Performance

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

Who Moves First

MA leads COF by 6 days

MA tends to move before COF.

After testing 13 timing shifts, the strongest relationship was +0.803 (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

+0.686

14 periods · Return correlation when both series rose

Both Falling

+0.730

13 periods · Return correlation when both series fell

Diverging

-0.644

8 periods · Return correlation when series moved apart

R-Squared

64.3%

Share of variance in one series explained by the other.

Trend Agreement

66.0%

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: [0.781, 0.821]

Scatter

XY Regression

77.4100150200250256.1308.1350400450500550599.5Capital One FinancialMastercard IncorporatedData pointsFit (r = 0.802)

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

COF logo

Capital One Financial

COF

Market cap 114.6B · 76,300 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

15

Estimated crossover points between normalized spreads.

Slope

1.6853

Linear regression slope.

Intercept

180.9508

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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