Correlation Analysis
Mastercard Incorporated vs Moody's Corporation
MA vs MCO
+0.915
Very strong positive
When one moves up, the other tends to follow.
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
Moody's Corporation
↗MCO
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and often (depending on bond issuance levels) a majority of the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
Market cap 79.1B · 5,300 employees
Time Series
Relative Performance
Who Moves First
in sync
MA and MCO tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.915 (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
+0.675
15 periods · Return correlation when both series rose
Both Falling
+0.845
8 periods · Return correlation when both series fell
Diverging
-0.692
12 periods · Return correlation when series moved apart
R-Squared
83.8%
Share of variance in one series explained by the other.
Trend Agreement
70.3%
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: [0.906, 0.924]
Scatter
XY Regression
Pipeline
Data quality details
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
Mastercard Incorporated
MA
Market cap 447.2B
Stock · 1,254 raw → 1,254 prepared
Series B
Moody's Corporation
MCO
Market cap 79.1B · 5,300 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
72
Estimated crossover points between normalized spreads.
Slope
0.8229
Linear regression slope.
Intercept
31.6285
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 5 hours ago · ID: stock-ma-vs-stock-mco-daily