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Correlation Analysis

Mastercard Incorporated vs Occidental Petroleum Corporation

MA vs OXY

-0.163

Weak inverse

When one moves up, the other tends to move down.

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

OXY logo

Occidental Petroleum Corporation

OXY

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2024, the company reported net proved reserves of 4.6 billion barrels of oil equivalent. Net production averaged 1.326 million barrels of oil equivalent per day in 2024 at a ratio of roughly 52% oil and natural gas liquids and 48% natural gas.

Market cap 62.4B · 10,412 employees

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

Time Series

Relative Performance

Green: MAGray: OXY36 of 1,254 points (sampled)

Who Moves First

MA leads OXY by 6 days

MA tends to move before OXY.

After testing 13 timing shifts, the strongest relationship was -0.179 (they moved in opposite directions).

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

-0.365

9 periods · Return correlation when both series rose

Both Falling

+0.458

7 periods · Return correlation when both series fell

Diverging

-0.736

19 periods · Return correlation when series moved apart

R-Squared

2.6%

Share of variance in one series explained by the other.

Trend Agreement

53.0%

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: [-0.216, -0.108]

Scatter

XY Regression

308.1350400450500550599.520.7304050607076.4Mastercard IncorporatedOccidental Petroleum CorporationData pointsFit (r = -0.163)

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

OXY logo

Occidental Petroleum Corporation

OXY

Market cap 62.4B · 10,412 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

-0.0247

Linear regression slope.

Intercept

62.1427

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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