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Correlation Analysis

Robinhood Markets, Inc. Class A Common Stock vs Mastercard Incorporated

HOOD vs MA

+0.751

Strong positive

When one moves up, the other tends to follow.

HOOD logo

Robinhood Markets, Inc. Class A Common Stock

HOOD

Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.

Market cap 62.8B · 2,900 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

Jul 29, 2021 — Apr 7, 2026Daily1,177 data pointsStockStockFinancials

Time Series

Relative Performance

Green: HOODGray: MA36 of 1,177 points (sampled)

Who Moves First

MA leads HOOD by 6 days

MA tends to move before HOOD.

After testing 13 timing shifts, the strongest relationship was +0.763 (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

-0.109

11 periods · Return correlation when both series rose

Both Falling

+0.667

7 periods · Return correlation when both series fell

Diverging

-0.406

17 periods · Return correlation when series moved apart

R-Squared

56.4%

Share of variance in one series explained by the other.

Trend Agreement

61.3%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,177

Deep shared window — 1,177 usable pairs.

Significance

p < 0.001

95% CI: [0.725, 0.775]

Scatter

XY Regression

-1.1020406080100120140140.1268.9300350400450500550600600.8Robinhood Markets, Inc. Class A Common StockMastercard IncorporatedData pointsFit (r = 0.751)

Pipeline

Data quality details

Pipeline Summary

1,177 paired data points survived the daily window.

Raw input

1,177

1,254

Normalized

1,177

1,254

Prepared

1,177

1,254

Aligned

1,177

1,177

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

77

A: 0 / B: 77

Series A

HOOD logo

Robinhood Markets, Inc. Class A Common Stock

HOOD

Market cap 62.8B · 2,900 employees

Stock · 1,177 raw → 1,177 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

7

Estimated crossover points between normalized spreads.

Slope

1.7903

Linear regression slope.

Intercept

371.9528

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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