Correlation Analysis
SoFi Technologies, Inc. Common Stock vs Tesla, Inc. Common Stock
SOFI vs TSLA
+0.778
Strong positive
When one moves up, the other tends to follow.
SoFi Technologies, Inc. Common Stock
↗SOFI
SoFi is a financial-services company that was founded in 2011 and is based in San Francisco. Initially known for its student loan refinancing business, the company has expanded its product offerings to include personal loans, credit cards, mortgages, investment accounts, banking services, and financial planning. The company intends to be a one-stop shop for its clients' finances and operates solely through its mobile app and website. Through its acquisition of Galileo in 2020, the company also offers payment and account services for debit cards and digital banking.
Market cap 20.7B · 6,100 employees
Tesla, Inc. Common Stock
↗TSLA
Tesla is a vertically integrated battery electric vehicle automaker and developer of real world artificial intelligence software, which includes autonomous driving and humanoid robots. The company has multiple vehicles in its fleet, which include luxury and midsize sedans, crossover SUVs, a light truck, and a semi truck. Tesla also plans to begin selling a sports car and offer a robotaxi service. Global deliveries in 2025 were nearly 1.64 million vehicles. The company sells batteries for stationary storage for residential and commercial properties including utilities and solar panels and solar roofs for energy generation. Tesla also owns a fast-charging network and an auto insurance business.
Market cap 1.3T
Time Series
Relative Performance
Who Moves First
SOFI leads TSLA by 6 days
SOFI tends to move before TSLA.
After testing 13 timing shifts, the strongest relationship was +0.790 (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
+0.135
9 periods · Return correlation when both series rose
Both Falling
+0.158
13 periods · Return correlation when both series fell
Diverging
-0.325
13 periods · Return correlation when series moved apart
R-Squared
60.6%
Share of variance in one series explained by the other.
Trend Agreement
66.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,218
Deep shared window — 1,218 usable pairs.
Significance
p < 0.001
95% CI: [0.755, 0.800]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,218 paired data points survived the daily window.
Raw input
1,218
1,254
Normalized
1,218
1,254
Prepared
1,218
1,254
Aligned
1,218
1,218
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
36
A: 0 / B: 36
Series A
SoFi Technologies, Inc. Common Stock
SOFI
Market cap 20.7B · 6,100 employees
Stock · 1,218 raw → 1,218 prepared
Series B
Tesla, Inc. Common Stock
TSLA
Market cap 1.3T
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
33
Estimated crossover points between normalized spreads.
Slope
9.5908
Linear regression slope.
Intercept
158.1319
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
SOFI
SoFi Technologies, Inc. Common Stock
Highest
+0.764
Amazon.Com Inc
AMZN · 1,218 data points
Lowest
-0.006
Exxon Mobil Corporation
XOM · 1,218 data points
TSLA
Tesla, Inc. Common Stock
Highest
+0.870
Reddit, Inc.
RDDT · 512 data points
Lowest
-0.817
Elevance Health, Inc.
ELV · 947 data points
Saved 4 hours ago · ID: stock-sofi-vs-stock-tsla-daily