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Correlation Analysis

Goldman Sachs Group Inc. vs Oracle Corp

GS vs ORCL

+0.831

Strong positive

When one moves up, the other tends to follow.

GS logo

Goldman Sachs Group Inc.

GS

Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2025. The bank holding company generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.

Market cap 255.5B · 47,400 employees

ORCL logo

Oracle Corp

ORCL

Oracle provides enterprise applications and infrastructure offerings through a variety of flexible IT deployment models, including on-premises, cloud-based, and hybrid. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system, which is commonly used by the world's largest companies for high-volume online transaction processing workloads. Besides databases, Oracle also sells enterprise resource planning platforms and cloud infrastructure that play an increasingly important role in large language model training and inferencing.

Market cap 418.6B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancialsTechnology

Time Series

Relative Performance

Green: GSGray: ORCL36 of 1,254 points (sampled)

Who Moves First

ORCL leads GS by 6 days

ORCL tends to move before GS.

After testing 13 timing shifts, the strongest relationship was +0.842 (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

+0.513

18 periods · Return correlation when both series rose

Both Falling

+0.861

5 periods · Return correlation when both series fell

Diverging

-0.604

12 periods · Return correlation when series moved apart

R-Squared

69.1%

Share of variance in one series explained by the other.

Trend Agreement

66.2%

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: [0.813, 0.848]

Scatter

XY Regression

25330040050060070080090095351.1100150200250300348.9Goldman Sachs Group Inc.Oracle CorpData pointsFit (r = 0.831)

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

GS logo

Goldman Sachs Group Inc.

GS

Market cap 255.5B · 47,400 employees

Stock · 1,254 raw → 1,254 prepared

Series B

ORCL logo

Oracle Corp

ORCL

Market cap 418.6B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

15

Estimated crossover points between normalized spreads.

Slope

0.2562

Linear regression slope.

Intercept

6.5039

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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