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Correlation Analysis

Dollar Tree Inc. vs Mastercard Incorporated

DLTR vs MA

-0.619

Moderate inverse

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

DLTR logo

Dollar Tree Inc.

DLTR

Founded in 1986, Dollar Tree operates almost 9,000 small-box discount stores across the United States and Canada, offering roughly 85% of its merchandise under $2. The chain targets value-conscious suburban and urban shoppers with a mix of consumables (49% of sales), variety (45%), and seasonal goods (6%). In fiscal 2024, Dollar Tree generated over $17 billion in sales, through its multi-price strategy, higher-margin discretionary assortments, and private-label products that account for nearly one-third of sales.

Market cap 21.9B · 153,032 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: DLTRGray: MA36 of 1,254 points (sampled)

Who Moves First

DLTR leads MA by 6 days

DLTR tends to move before MA.

After testing 13 timing shifts, the strongest relationship was -0.624 (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

+0.291

11 periods · Return correlation when both series rose

Both Falling

-0.633

8 periods · Return correlation when both series fell

Diverging

-0.765

16 periods · Return correlation when series moved apart

R-Squared

38.4%

Share of variance in one series explained by the other.

Trend Agreement

58.6%

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: [-0.652, -0.584]

Scatter

XY Regression

55.86080100120140160180182308.1350400450500550599.5Dollar Tree Inc.Mastercard IncorporatedData pointsFit (r = -0.619)

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

DLTR logo

Dollar Tree Inc.

DLTR

Market cap 21.9B · 153,032 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

3

Estimated crossover points between normalized spreads.

Slope

-1.8808

Linear regression slope.

Intercept

656.3654

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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