Correlation Analysis
Corpay, Inc. vs VISA Inc.
CPAY vs V
+0.422
Moderate positive
When one moves up, the other tends to follow.
Corpay, Inc.
↗CPAY
Corpay Inc is a corporate payments company that helps businesses and consumers manage and pay their expenses. The company offers payment and spend management solutions, including accounts payable automation, cross-border payments, commercial card programs, vehicle payment solutions, and lodging payment services. Its reportable segments are: Corporate Payments, Vehicle Payments, Lodging Payments and Other. The majority of the company's revenue is derived from the Vehicle Payments segment, which helps customers to pay for vehicle related expenses. Geographically, it derives the maximum revenue from the United States and the rest from Brazil, the United Kingdom and other countries.
Market cap 20.3B · 11,800 employees
VISA Inc.
↗V
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Market cap 583.4B
Time Series
Relative Performance
Who Moves First
CPAY leads V by 6 days
CPAY tends to move before V.
After testing 13 timing shifts, the strongest relationship was +0.424 (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
+0.267
13 periods · Return correlation when both series rose
Both Falling
+0.130
11 periods · Return correlation when both series fell
Diverging
-0.786
11 periods · Return correlation when series moved apart
R-Squared
17.8%
Share of variance in one series explained by the other.
Trend Agreement
66.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
510
Robust shared window — 510 usable pairs.
Significance
p < 0.001
95% CI: [0.348, 0.491]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
510 paired data points survived the daily window.
Raw input
510
1,254
Normalized
510
1,254
Prepared
510
1,254
Aligned
510
510
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
744
A: 0 / B: 744
Series A
Corpay, Inc.
CPAY
Market cap 20.3B · 11,800 employees
Stock · 510 raw → 510 prepared
Series B
VISA Inc.
V
Market cap 583.4B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
27
Estimated crossover points between normalized spreads.
Slope
0.4370
Linear regression slope.
Intercept
178.1355
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-cpay-vs-stock-v-daily