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Correlation Analysis

Jabil Inc. vs Mastercard Incorporated

JBL vs MA

+0.873

Very strong positive

When one moves up, the other tends to follow.

JBL logo

Jabil Inc.

JBL

Jabil Inc. is a U.S based company providing engineering, manufacturing, and supply chain solutions. It provides comprehensive electronics design, production, and product management services to companies in various industries and end markets. It operates through three segments: Regulated Industries, serving automotive, healthcare, and renewables; Intelligent Infrastructure, focused on AI, cloud, data centers, and communications, driving the majority of revenue; and Connected Living and Digital Commerce, specializing in digitalization and automation, such as robotics and warehouse automation. The company operates in the U.S., Mexico, China, Malaysia, Singapore, and several other markets.

Market cap 28.2B · 135,000 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: JBLGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads JBL by 6 days

MA tends to move before JBL.

After testing 13 timing shifts, the strongest relationship was +0.877 (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

+0.767

13 periods · Return correlation when both series rose

Both Falling

+0.981

6 periods · Return correlation when both series fell

Diverging

-0.642

16 periods · Return correlation when series moved apart

R-Squared

76.2%

Share of variance in one series explained by the other.

Trend Agreement

61.1%

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: [0.859, 0.885]

Scatter

XY Regression

35.950100150200250290.4308.1350400450500550599.5Jabil Inc.Mastercard IncorporatedData pointsFit (r = 0.873)

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

JBL logo

Jabil Inc.

JBL

Market cap 28.2B · 135,000 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

29

Estimated crossover points between normalized spreads.

Slope

1.2721

Linear regression slope.

Intercept

283.9291

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-jbl-vs-stock-ma-daily