Correlation Analysis
Rivian Automotive, Inc. Class A Common Stock vs Walmart Inc. Common Stock
RIVN vs WMT
-0.396
Light inverse
When one moves up, the other tends to move down.
Rivian Automotive, Inc. Class A Common Stock
↗RIVN
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.
Market cap 19B · 15,232 employees
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
Time Series
Relative Performance
Who Moves First
WMT leads RIVN by 6 days
WMT tends to move before RIVN.
After testing 13 timing shifts, the strongest relationship was -0.404 (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
+0.055
13 periods · Return correlation when both series rose
Both Falling
-0.293
5 periods · Return correlation when both series fell
Diverging
-0.196
17 periods · Return correlation when series moved apart
R-Squared
15.7%
Share of variance in one series explained by the other.
Trend Agreement
54.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,104
Deep shared window — 1,104 usable pairs.
Significance
p < 0.001
95% CI: [-0.445, -0.345]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,104 paired data points survived the daily window.
Raw input
1,104
1,254
Normalized
1,104
1,254
Prepared
1,104
1,254
Aligned
1,104
1,104
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
150
A: 0 / B: 150
Series A
Rivian Automotive, Inc. Class A Common Stock
RIVN
Market cap 19B · 15,232 employees
Stock · 1,104 raw → 1,104 prepared
Series B
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
1
Estimated crossover points between normalized spreads.
Slope
-0.4684
Linear regression slope.
Intercept
80.3984
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
RIVN
Rivian Automotive, Inc. Class A Common Stock
Highest
+0.170
Tesla, Inc. Common Stock
TSLA · 1,104 data points
Lowest
-0.728
Exxon Mobil Corporation
XOM · 1,104 data points
Saved 6 hours ago · ID: stock-rivn-vs-stock-wmt-daily