CorrlensCorrlens
Correlate

Correlation Analysis

Mastercard Incorporated vs T-Mobile US, Inc.

MA vs TMUS

+0.918

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

TMUS logo

T-Mobile US, Inc.

TMUS

Deutsche Telekom merged its T-Mobile USA unit with prepaid specialist MetroPCS in 2013, and that firm merged with Sprint in 2020, creating the second-largest wireless carrier in the US. T-Mobile now serves 86 million postpaid and 26 million prepaid phone customers, equal to around 30% of the US retail wireless market. The firm entered the fixed-wireless broadband market aggressively in 2021 and now serves 8 million residential and business customers with its wireless network. It also serves 1 million fiber broadband customers through joint ventures with fiber network owners. T-Mobile owns a stake in these firms, which provide wholesale access to their networks. In addition, T-Mobile provides wholesale services to wireless resellers.

Market cap 218.8B · 75,000 employees

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

Time Series

Relative Performance

Green: MAGray: TMUS36 of 1,254 points (sampled)

Who Moves First

in sync

MA and TMUS tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.918 (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

+0.306

13 periods · Return correlation when both series rose

Both Falling

+0.366

7 periods · Return correlation when both series fell

Diverging

-0.662

15 periods · Return correlation when series moved apart

R-Squared

84.3%

Share of variance in one series explained by the other.

Trend Agreement

63.2%

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: [0.909, 0.927]

Scatter

XY Regression

308.1350400450500550599.5103.9120140160180200220240260277Mastercard IncorporatedT-Mobile US, Inc.Data pointsFit (r = 0.918)

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

TMUS logo

T-Mobile US, Inc.

TMUS

Market cap 218.8B · 75,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

39

Estimated crossover points between normalized spreads.

Slope

0.4672

Linear regression slope.

Intercept

-31.7942

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-ma-vs-stock-tmus-daily