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Correlation Analysis

Mastercard Incorporated vs Westlake Corporation

MA vs WLK

-0.136

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

WLK logo

Westlake Corporation

WLK

Westlake Corp is a vertically integrated international manufacturer and marketer of both housing and infrastructure products and performance and essential materials that are designed to enhance the lives of people every day. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and international compounds businesses.

Market cap 15.3B · 14,600 employees

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

Time Series

Relative Performance

Green: MAGray: WLK36 of 1,254 points (sampled)

Who Moves First

MA leads WLK by 6 days

MA tends to move before WLK.

After testing 13 timing shifts, the strongest relationship was -0.154 (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

+0.563

8 periods · Return correlation when both series rose

Both Falling

+0.142

7 periods · Return correlation when both series fell

Diverging

-0.772

20 periods · Return correlation when series moved apart

R-Squared

1.8%

Share of variance in one series explained by the other.

Trend Agreement

62.2%

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: [-0.190, -0.081]

Scatter

XY Regression

308.1350400450500550599.560.980100120140160167.8Mastercard IncorporatedWestlake CorporationData pointsFit (r = -0.136)

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

WLK logo

Westlake Corporation

WLK

Market cap 15.3B · 14,600 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

-0.0365

Linear regression slope.

Intercept

126.0881

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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