Correlation Analysis
Tesla, Inc. Common Stock vs Datadog, Inc. Class A Common Stock
TSLA vs DDOG
+0.664
Strong positive
When one moves up, the other tends to follow.
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
Datadog, Inc. Class A Common Stock
↗DDOG
Datadog is a cloud-native company that focuses on analyzing machine data. The firm's product portfolio, delivered via software as a service, enables clients to monitor and analyze their entire information technology infrastructure, from servers to applications and Python scripts. Datadog's platform can ingest and analyze large amounts of machine-generated data in real time, allowing clients to utilize it for a variety of applications throughout their businesses to ensure uptime and latency objectives.
Market cap 41.2B · 8,100 employees
Who Moves First
DDOG leads TSLA by 6 days
DDOG tends to move before TSLA.
Best correlation after shifting: +0.671 (13 shifts scanned)
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
+0.093
12 periods · Return correlation when both series rose
Both Falling
+0.622
12 periods · Return correlation when both series fell
Diverging
-0.724
11 periods · Return correlation when series moved apart
R-Squared
44.1%
Share of variance in one series explained by the other.
Trend Agreement
65.4%
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: [0.632, 0.694]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,254 paired observations 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
Tesla, Inc. Common Stock
TSLA
Market cap 1.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Datadog, Inc. Class A Common Stock
DDOG
Market cap 41.2B · 8,100 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
53
Estimated crossover points between normalized spreads.
Slope
0.2215
Linear regression slope.
Intercept
56.4319
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
TSLA
Tesla, Inc. Common Stock
Highest
+0.870
Reddit, Inc.
RDDT · 512 observations
Lowest
-0.817
Elevance Health, Inc.
ELV · 947 observations
DDOG
Datadog, Inc. Class A Common Stock
Highest
+0.536
NetFlix Inc
NFLX · 1,254 observations
Lowest
-0.142
Exxon Mobil Corporation
XOM · 1,254 observations
Saved 3 hours ago · ID: stock-tsla-vs-stock-ddog-daily-20260408-c8yqlt