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Correlation Analysis

Mastercard Incorporated vs Stryker Corporation

MA vs SYK

+0.950

Very 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

SYK logo

Stryker Corporation

SYK

Stryker designs, manufactures, and markets an array of medical equipment, instruments, consumable supplies, and implantable devices. The product portfolio includes hip and knee replacements, extremities, endoscopy systems, operating room equipment, embolic coils, hospital beds and gurneys, and orthopedic robotics. Stryker remains one of the three largest competitors in reconstructive orthopedic implants and holds the leadership position in operating room equipment. Roughly one-fourth of Stryker's total revenue currently comes from outside the United States.

Market cap 127.3B · 56,000 employees

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

Time Series

Relative Performance

Green: MAGray: SYK36 of 1,254 points (sampled)

Who Moves First

in sync

MA and SYK tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.950 (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

+0.617

11 periods · Return correlation when both series rose

Both Falling

+0.471

9 periods · Return correlation when both series fell

Diverging

-0.630

15 periods · Return correlation when series moved apart

R-Squared

90.3%

Share of variance in one series explained by the other.

Trend Agreement

66.1%

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: [0.944, 0.955]

Scatter

XY Regression

308.1350400450500550599.5182.8200250300350400403.6Mastercard IncorporatedStryker CorporationData pointsFit (r = 0.95)

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

SYK logo

Stryker Corporation

SYK

Market cap 127.3B · 56,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

59

Estimated crossover points between normalized spreads.

Slope

0.6317

Linear regression slope.

Intercept

31.7450

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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