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Correlate

Correlation Analysis

Mastercard Incorporated vs Xylem Inc

MA vs XYL

+0.698

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

XYL logo

Xylem Inc

XYL

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $9 billion in revenue in 2025.

Market cap 29.8B · 22,000 employees

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

Time Series

Relative Performance

Green: MAGray: XYL36 of 1,254 points (sampled)

Who Moves First

in sync

MA and XYL tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.698 (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

+0.775

10 periods · Return correlation when both series rose

Both Falling

+0.856

9 periods · Return correlation when both series fell

Diverging

-0.815

16 periods · Return correlation when series moved apart

R-Squared

48.8%

Share of variance in one series explained by the other.

Trend Agreement

66.2%

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: [0.669, 0.726]

Scatter

XY Regression

308.1350400450500550599.575.680100120140157.2Mastercard IncorporatedXylem IncData pointsFit (r = 0.698)

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

XYL logo

Xylem Inc

XYL

Market cap 29.8B · 22,000 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

0.1469

Linear regression slope.

Intercept

53.1444

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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