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Correlation Analysis

Pfizer Inc. vs Walmart Inc. Common Stock

PFE vs WMT

-0.754

Strong inverse

When one moves up, the other tends to move down.

PFE logo

Pfizer Inc.

PFE

Pfizer is one of the world's largest pharmaceutical firms, with annual sales of roughly $60 billion. While it historically sold many types of healthcare products and chemicals, now prescription drugs and vaccines account for the majority of sales. Top sellers include pneumococcal vaccine Prevnar 13 and cardiology drugs Vyndaqel and Eliquis. Pfizer sells these products globally, with international sales representing 40% of total sales. Within international sales, emerging markets are a major contributor.

Market cap 158.3B

WMT logo

Walmart Inc. Common Stock

WMT

Since its founding in 1962, Walmart has become the world's largest retailer, operating over 10,700 stores globally (including 4,600 namesake locations on its home turf and another 600 Sam's Club outlets) and growing its e-commerce presence, attracting 270 million customers weekly. In aggregate, the firm posted more than $680 billion in fiscal 2025 sales. Its core operations span three reporting segments: Walmart US (68% of fiscal 2025 sales), Walmart International (18%), and Sam's Club (14%). Within the US, nearly 60% of its $465 billion in fiscal 2025 revenue came from its grocery offerings, with another quarter from general merchandise. Internationally, Walmart's operations are concentrated in Mexico, though it also has budding exposure to India.

Market cap 1T

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

Time Series

Relative Performance

Green: PFEGray: WMT36 of 1,254 points (sampled)

Who Moves First

PFE leads WMT by 6 days

PFE tends to move before WMT.

After testing 13 timing shifts, the strongest relationship was -0.761 (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

-0.444

10 periods · Return correlation when both series rose

Both Falling

-0.420

6 periods · Return correlation when both series fell

Diverging

-0.316

19 periods · Return correlation when series moved apart

R-Squared

56.8%

Share of variance in one series explained by the other.

Trend Agreement

56.3%

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: [-0.777, -0.729]

Scatter

XY Regression

203040506062.534.7406080100120140141Pfizer Inc.Walmart Inc. Common StockData pointsFit (r = -0.754)

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

PFE logo

Pfizer Inc.

PFE

Market cap 158.3B

Stock · 1,254 raw → 1,254 prepared

Series B

WMT logo

Walmart Inc. Common Stock

WMT

Market cap 1T

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

5

Estimated crossover points between normalized spreads.

Slope

-1.8150

Linear regression slope.

Intercept

131.8050

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-pfe-vs-stock-wmt-daily