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Correlation Analysis

Cheniere Energy Inc vs Mastercard Incorporated

LNG vs MA

+0.798

Strong positive

When one moves up, the other tends to follow.

LNG logo

Cheniere Energy Inc

LNG

Cheniere Energy is a liquified natural gas, or LNG, producer with two facilities in Corpus Christi, Texas and Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed and variable fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. A subsidiary, Cheniere Energy Partners, owns the Sabine Pass facility and trades as a master limited partnership.

Market cap 59.7B · 1,717 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: LNGGray: MA36 of 1,254 points (sampled)

Who Moves First

LNG leads MA by 6 days

LNG tends to move before MA.

After testing 13 timing shifts, the strongest relationship was +0.803 (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

+0.313

10 periods · Return correlation when both series rose

Both Falling

+0.313

6 periods · Return correlation when both series fell

Diverging

-0.657

19 periods · Return correlation when series moved apart

R-Squared

63.7%

Share of variance in one series explained by the other.

Trend Agreement

54.0%

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: [0.777, 0.818]

Scatter

XY Regression

56.2100150200250300301.2308.1350400450500550599.5Cheniere Energy IncMastercard IncorporatedData pointsFit (r = 0.798)

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

LNG logo

Cheniere Energy Inc

LNG

Market cap 59.7B · 1,717 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

21

Estimated crossover points between normalized spreads.

Slope

1.4692

Linear regression slope.

Intercept

187.7228

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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