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Correlation Analysis

Mastercard Incorporated vs McDonald's Corporation

MA vs MCD

+0.800

Strong positive

When one moves up, the other tends to follow.

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

M

McDonald's Corporation

MCD

McDonald's is the world's largest restaurant brand, with nearly $139 billion in systemwide sales across more than 45,000 restaurants and over 100 markets. The quick-service chain built its early reputation on speed, consistency, and affordable hamburgers, and today its global menu spans burgers, chicken, breakfast, and beverages that have helped popularize American fast-food cuisine worldwide. The firm derives the bulk of its revenue from franchise royalties and rent (about 62%), with the remainder stemming from company-operated restaurants across three segments: the United States (39% of systemwide sales), international operated markets (35%), and international developmental/licensed markets (26%).

Market cap 220.6B

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

Time Series

Relative Performance

Green: MAGray: MCD36 of 1,254 points (sampled)

Who Moves First

in sync

MA and MCD tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.800 (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

+0.469

12 periods · Return correlation when both series rose

Both Falling

+0.233

8 periods · Return correlation when both series fell

Diverging

-0.636

15 periods · Return correlation when series moved apart

R-Squared

64.1%

Share of variance in one series explained by the other.

Trend Agreement

62.9%

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: [0.779, 0.819]

Scatter

XY Regression

308.1350400450500550599.5223.4240260280300320340340.1Mastercard IncorporatedMcDonald's CorporationData pointsFit (r = 0.8)

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

MA logo

Mastercard Incorporated

MA

Market cap 447.2B

Stock · 1,254 raw → 1,254 prepared

Series B

M

McDonald's Corporation

MCD

Market cap 220.6B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

3

Estimated crossover points between normalized spreads.

Slope

0.2461

Linear regression slope.

Intercept

169.8481

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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