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Correlation Analysis

Intuitive Surgical Inc. vs Walmart Inc. Common Stock

ISRG vs WMT

+0.883

Very strong positive

When one moves up, the other tends to follow.

ISRG logo

Intuitive Surgical Inc.

ISRG

Intuitive develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 10,000 da Vinci systems in hospitals worldwide, with more than 6,000 installations in the US and a growing number in emerging markets.

Market cap 160.7B · 17,021 employees

WMT logo

Walmart Inc. Common Stock

WMT

Since its founding in 1962, Walmart has become the world's largest retailer, operating over 10,700 stores globally (including 4,600 namesake locations on its home turf and another 600 Sam's Club outlets) and growing its e-commerce presence, attracting 270 million customers weekly. In aggregate, the firm posted more than $680 billion in fiscal 2025 sales. Its core operations span three reporting segments: Walmart US (68% of fiscal 2025 sales), Walmart International (18%), and Sam's Club (14%). Within the US, nearly 60% of its $465 billion in fiscal 2025 revenue came from its grocery offerings, with another quarter from general merchandise. Internationally, Walmart's operations are concentrated in Mexico, though it also has budding exposure to India.

Market cap 1T

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

Time Series

Relative Performance

Green: ISRGGray: WMT36 of 1,254 points (sampled)

Who Moves First

ISRG leads WMT by 6 days

ISRG tends to move before WMT.

After testing 13 timing shifts, the strongest relationship was +0.890 (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

+0.468

20 periods · Return correlation when both series rose

Both Falling

+0.677

6 periods · Return correlation when both series fell

Diverging

-0.789

9 periods · Return correlation when series moved apart

R-Squared

78.0%

Share of variance in one series explained by the other.

Trend Agreement

58.8%

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: [0.871, 0.895]

Scatter

XY Regression

18920030040050060062134.7406080100120140141Intuitive Surgical Inc.Walmart Inc. Common StockData pointsFit (r = 0.883)

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

ISRG logo

Intuitive Surgical Inc.

ISRG

Market cap 160.7B · 17,021 employees

Stock · 1,254 raw → 1,254 prepared

Series B

WMT logo

Walmart Inc. Common Stock

WMT

Market cap 1T

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

0.1905

Linear regression slope.

Intercept

-4.4823

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-isrg-vs-stock-wmt-daily