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Correlation Analysis

Tesla, Inc. Common Stock vs Hilton Worldwide Holdings Inc.

TSLA vs HLT

+0.611

Moderate positive

When one moves up, the other tends to follow.

TSLA logo

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

HLT logo

Hilton Worldwide Holdings Inc.

HLT

Hilton Worldwide Holdings operates 1.35 million rooms across its 25 brands, serving the premium economy through luxury segments. Hampton and Hilton are the two largest brands, representing 27% and 18%, respectively, of the company's total rooms, as of Dec. 31, 2025. Recent brands launched over the past few years include Home2, Curio, Canopy, Spark, Tru, Tempo, LivSmart, and Outset. Additionally, there is a partnership with Small Luxury Hotels of the World and acquisitions of NoMad and Graduate Hotels. Managed and franchised hotels represent the vast majority of adjusted EBITDA, predominantly from the Americas.

Market cap 70.2B · 182,000 employees

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

Time Series

Relative Performance

Green: TSLAGray: HLT36 of 1,254 points (sampled)

Who Moves First

in sync

TSLA and HLT tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.611 (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

+0.174

13 periods · Return correlation when both series rose

Both Falling

+0.488

9 periods · Return correlation when both series fell

Diverging

-0.781

13 periods · Return correlation when series moved apart

R-Squared

37.3%

Share of variance in one series explained by the other.

Trend Agreement

61.6%

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: [0.575, 0.645]

Scatter

XY Regression

110200300400500509106.7150200250300338.1Tesla, Inc. Common StockHilton Worldwide Holdings Inc.Data pointsFit (r = 0.611)

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

TSLA logo

Tesla, Inc. Common Stock

TSLA

Market cap 1.3T

Stock · 1,254 raw → 1,254 prepared

Series B

HLT logo

Hilton Worldwide Holdings Inc.

HLT

Market cap 70.2B · 182,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

39

Estimated crossover points between normalized spreads.

Slope

0.4249

Linear regression slope.

Intercept

70.7452

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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