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Correlation Analysis

Dollar General Corp. vs Mastercard Incorporated

DG vs MA

-0.857

Very strong inverse

When one moves up, the other tends to move down.

DG logo

Dollar General Corp.

DG

Since its beginning in 1939, Dollar General has grown to become the largest dollar store operator in the United States, with more than 20,000 small-box discount stores across 48 states. The firm generated $40 billion in fiscal 2024 sales. The retailer maintains a heavy concentration of stores in rural and low-income markets underserved by big-box retailers. It's 11,000 stock-keeping units, including 2,000 priced at $1 or less, span consumables (82% of sales), seasonal items (10%), home products (5%), and apparel (3%). More than 20% of sales are derived from private label.

Market cap 27.5B · 194,000 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 pointsStockStockFinancials

Time Series

Relative Performance

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

Who Moves First

DG leads MA by 6 days

DG tends to move before MA.

After testing 13 timing shifts, the strongest relationship was -0.865 (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

-0.769

6 periods · Return correlation when both series rose

Both Falling

-0.358

8 periods · Return correlation when both series fell

Diverging

-0.634

21 periods · Return correlation when series moved apart

R-Squared

73.5%

Share of variance in one series explained by the other.

Trend Agreement

56.0%

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: [-0.871, -0.842]

Scatter

XY Regression

58.3100150200250269.6308.1350400450500550599.5Dollar General Corp.Mastercard IncorporatedData pointsFit (r = -0.857)

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

DG logo

Dollar General Corp.

DG

Market cap 27.5B · 194,000 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

5

Estimated crossover points between normalized spreads.

Slope

-1.2492

Linear regression slope.

Intercept

638.0149

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-dg-vs-stock-ma-daily