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Correlation Analysis

Mastercard Incorporated vs MARATHON PETROLEUM CORPORATION

MA vs MPC

+0.749

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

MPC logo

MARATHON PETROLEUM CORPORATION

MPC

Marathon Petroleum is a leading integrated downstream and midstream energy company that operates 13 refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States with an aggregate crude oil refining capacity of 3.0 million barrels per day. The company is one of the largest producers of renewable diesel in the U.S.; its Dickinson, North Dakota facility has the capacity to produce 184 million gallons per year, and its Martinez, California, joint venture facility (a 50/50 partnership with Neste) reached its full capacity of 730 million gallons per year in late 2024. Marathon also owns the general partner and approximately 64% of MPLX LP, a large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets.

Market cap 71.1B · 18,500 employees

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

Time Series

Relative Performance

Green: MAGray: MPC36 of 1,254 points (sampled)

Who Moves First

in sync

MA and MPC tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.749 (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

+0.228

11 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.734

20 periods · Return correlation when series moved apart

R-Squared

56.1%

Share of variance in one series explained by the other.

Trend Agreement

55.1%

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: [0.724, 0.772]

Scatter

XY Regression

308.1350400450500550599.537.450100150200250260.8Mastercard IncorporatedMARATHON PETROLEUM CORPORATIONData pointsFit (r = 0.749)

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

MPC logo

MARATHON PETROLEUM CORPORATION

MPC

Market cap 71.1B · 18,500 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

25

Estimated crossover points between normalized spreads.

Slope

0.3987

Linear regression slope.

Intercept

-40.4080

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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