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Correlation Analysis

F5, Inc. Common Stock vs Mastercard Incorporated

FFIV vs MA

+0.809

Strong positive

When one moves up, the other tends to follow.

FFIV logo

F5, Inc. Common Stock

FFIV

F5 is a market leader in the application delivery controller market. The company sells products for security, application performance, and automation. Its three customer verticals are enterprises, service providers, and government entities. Revenue is evenly split between its services business and products business with revenue trending toward products due to software adoption. The Seattle-based firm was incorporated in 1996, and went public in 1999.

Market cap 17.4B · 6,578 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: FFIVGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads FFIV by 6 days

MA tends to move before FFIV.

After testing 13 timing shifts, the strongest relationship was +0.811 (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

+0.599

17 periods · Return correlation when both series rose

Both Falling

+0.421

8 periods · Return correlation when both series fell

Diverging

-0.637

10 periods · Return correlation when series moved apart

R-Squared

65.5%

Share of variance in one series explained by the other.

Trend Agreement

64.7%

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: [0.789, 0.828]

Scatter

XY Regression

127.3150200250300341.5308.1350400450500550599.5F5, Inc. Common StockMastercard IncorporatedData pointsFit (r = 0.809)

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

FFIV logo

F5, Inc. Common Stock

FFIV

Market cap 17.4B · 6,578 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

24

Estimated crossover points between normalized spreads.

Slope

1.2952

Linear regression slope.

Intercept

165.3808

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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