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Correlation Analysis

The Southern Company vs VISA Inc.

SO vs V

+0.826

Strong positive

When one moves up, the other tends to follow.

SO logo

The Southern Company

SO

Southern is one of the largest utilities in the US. The company serves 9 million customers with vertically integrated electric utilities in three states and natural gas distribution utilities in four states. It owns 46 gigawatts of rate-regulated generating capacity, primarily for serving customers in Georgia, Alabama, and Mississippi. Subsidiary Southern Power owns 13 gigawatts of natural gas generation and renewable energy across the US and sells the electricity primarily under long-term contracts.

Market cap 109.3B · 29,800 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 pointsStockStockEnergyFinancials

Time Series

Relative Performance

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

Who Moves First

V leads SO by 6 days

V tends to move before SO.

After testing 13 timing shifts, the strongest relationship was +0.828 (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

+0.383

8 periods · Return correlation when both series rose

Both Falling

+0.177

5 periods · Return correlation when both series fell

Diverging

-0.482

22 periods · Return correlation when series moved apart

R-Squared

68.2%

Share of variance in one series explained by the other.

Trend Agreement

57.9%

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: [0.808, 0.843]

Scatter

XY Regression

59.76070809099.6192.8200250300350372.1The Southern CompanyVISA Inc.Data pointsFit (r = 0.826)

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

SO logo

The Southern Company

SO

Market cap 109.3B · 29,800 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

13

Estimated crossover points between normalized spreads.

Slope

3.9594

Linear regression slope.

Intercept

-39.0794

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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