Correlation Analysis
Dick's Sporting Goods, Inc. vs JPMorgan Chase & Co.
DKS vs JPM
+0.849
Strong positive
When one moves up, the other tends to follow.
Dick's Sporting Goods, Inc.
↗DKS
Dick's Sporting Goods is a retailer that offers sports and outdoor apparel, footwear, and equipment online and in physical stores. The company's legacy business includes more than 700 stores under its own name, more than 110 Golf Galaxy golf specialty stores, and about 50 outlet stores. In September 2025, Dick's acquired multinational retailer Foot Locker. With this move, Dick's added about 2,600 stores under the Foot Locker, Kids Foot Locker, Champs Sports, atmos, and WSS nameplates in North America, the Asia-Pacific, and EMEA—Europe, the Middle East, and Africa. Based in the Pittsburgh area, Dick's was founded in 1948 by the father of current executive chair and controlling shareholder Edward Stack.
Market cap 17.8B · 105,200 employees
JPMorgan Chase & Co.
↗JPM
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $4.4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates and is subject to regulation in multiple countries.
Market cap 792.5B
Time Series
Relative Performance
Who Moves First
in sync
DKS and JPM tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.849 (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
+0.460
13 periods · Return correlation when both series rose
Both Falling
+0.951
7 periods · Return correlation when both series fell
Diverging
-0.563
15 periods · Return correlation when series moved apart
R-Squared
72.0%
Share of variance in one series explained by the other.
Trend Agreement
63.7%
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: [0.833, 0.864]
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
Dick's Sporting Goods, Inc.
DKS
Market cap 17.8B · 105,200 employees
Stock · 1,254 raw → 1,254 prepared
Series B
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
54
Estimated crossover points between normalized spreads.
Slope
1.0818
Linear regression slope.
Intercept
22.3346
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
DKS
Dick's Sporting Goods, Inc.
Highest
+0.894
Eli Lilly & Co.
LLY · 1,254 data points
Lowest
+0.080
Johnson & Johnson
JNJ · 1,254 data points
Saved 6 hours ago · ID: stock-dks-vs-stock-jpm-daily