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Correlation Analysis

Palo Alto Networks, Inc. Common Stock vs VISA Inc.

PANW vs V

+0.901

Very strong positive

When one moves up, the other tends to follow.

PANW logo

Palo Alto Networks, Inc. Common Stock

PANW

Palo Alto Networks is a platform-based cybersecurity vendor with product offerings covering network security, cloud security, and security operations. The California-based firm has more than 80,000 enterprise customers across the world, including more than three-fourths of the Global 2000.

Market cap 131.3B · 17,027 employees

V

VISA Inc.

V

Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.

Market cap 583.4B

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

Time Series

Relative Performance

Green: PANWGray: V36 of 1,254 points (sampled)

Who Moves First

in sync

PANW and V tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.901 (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

+0.482

14 periods · Return correlation when both series rose

Both Falling

+0.853

6 periods · Return correlation when both series fell

Diverging

-0.496

15 periods · Return correlation when series moved apart

R-Squared

81.2%

Share of variance in one series explained by the other.

Trend Agreement

61.7%

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: [0.890, 0.911]

Scatter

XY Regression

45.550100150200231.1192.8200250300350372.1Palo Alto Networks, Inc. Common StockVISA Inc.Data pointsFit (r = 0.901)

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

PANW logo

Palo Alto Networks, Inc. Common Stock

PANW

Market cap 131.3B · 17,027 employees

Stock · 1,254 raw → 1,254 prepared

Series B

V

VISA Inc.

V

Market cap 583.4B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

51

Estimated crossover points between normalized spreads.

Slope

0.9800

Linear regression slope.

Intercept

135.5533

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-panw-vs-stock-v-daily