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Correlation Analysis

Mastercard Incorporated vs PROLOGIS, INC.

MA vs PLD

-0.314

Light 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

PLD logo

PROLOGIS, INC.

PLD

Prologis was formed by the 2011 merger of AMB Property and Prologis Trust. The company develops, acquires, and operates around 1.3 billion square feet of high-quality industrial and logistics facilities across the globe. The company also has a strategic capital business segment that has around $60 billion of third-party assets under management. The company is organized into four global divisions (Americas, Europe, Asia, and other Americas) and operates as a real estate investment trust.

Market cap 123.4B · 2,802 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockFinancialsReal Estate

Time Series

Relative Performance

Green: MAGray: PLD36 of 1,254 points (sampled)

Who Moves First

PLD leads MA by 6 days

PLD tends to move before MA.

After testing 13 timing shifts, the strongest relationship was -0.336 (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

+0.187

13 periods · Return correlation when both series rose

Both Falling

-0.035

8 periods · Return correlation when both series fell

Diverging

-0.765

14 periods · Return correlation when series moved apart

R-Squared

9.9%

Share of variance in one series explained by the other.

Trend Agreement

60.7%

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: [-0.363, -0.263]

Scatter

XY Regression

308.1350400450500550599.592.5100120140160175.9Mastercard IncorporatedPROLOGIS, INC.Data pointsFit (r = -0.314)

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

PLD logo

PROLOGIS, INC.

PLD

Market cap 123.4B · 2,802 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

-0.0531

Linear regression slope.

Intercept

146.6711

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-ma-vs-stock-pld-daily