Correlation Analysis
Dominion Energy, Inc Common Stock vs Mastercard Incorporated
D vs MA
-0.481
Moderate inverse
When one moves up, the other tends to move down.
Dominion Energy, Inc Common Stock
↗D
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
Market cap 54.7B · 15,200 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
D leads MA by 6 days
D tends to move before MA.
After testing 13 timing shifts, the strongest relationship was -0.500 (they moved in opposite directions).
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
+0.355
10 periods · Return correlation when both series rose
Both Falling
-0.083
9 periods · Return correlation when both series fell
Diverging
-0.675
16 periods · Return correlation when series moved apart
R-Squared
23.1%
Share of variance in one series explained by the other.
Trend Agreement
55.8%
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: [-0.522, -0.437]
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
Dominion Energy, Inc Common Stock
D
Market cap 54.7B · 15,200 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
3
Estimated crossover points between normalized spreads.
Slope
-3.4336
Linear regression slope.
Intercept
645.5965
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
D
Dominion Energy, Inc Common Stock
Highest
+0.274
Johnson & Johnson
JNJ · 1,254 data points
Lowest
-0.633
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 5 hours ago · ID: stock-d-vs-stock-ma-daily