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Correlation Analysis

Mastercard Incorporated vs MSCI, Inc.

MA vs MSCI

+0.460

Moderate 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

MSCI logo

MSCI, Inc.

MSCI

MSCI has described its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. MSCI boasts over $18 trillion in benchmarked assets, including over $2.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. In its sustainability and climate segment, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.

Market cap 40B · 6,268 employees

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

Time Series

Relative Performance

Green: MAGray: MSCI36 of 1,254 points (sampled)

Who Moves First

in sync

MA and MSCI tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.460 (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

+0.334

12 periods · Return correlation when both series rose

Both Falling

+0.436

8 periods · Return correlation when both series fell

Diverging

-0.751

15 periods · Return correlation when series moved apart

R-Squared

21.2%

Share of variance in one series explained by the other.

Trend Agreement

70.0%

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: [0.415, 0.503]

Scatter

XY Regression

308.1350400450500550599.5414.8450500550600650675.1Mastercard IncorporatedMSCI, Inc.Data pointsFit (r = 0.46)

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

MSCI logo

MSCI, Inc.

MSCI

Market cap 40B · 6,268 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

54

Estimated crossover points between normalized spreads.

Slope

0.3075

Linear regression slope.

Intercept

401.3564

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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