Correlation Analysis
Tesla, Inc. Common Stock vs PayPal Holdings, Inc. Common Stock
TSLA vs PYPL
-0.066
Weak inverse
When one moves up, the other tends to move down.
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
PayPal Holdings, Inc. Common Stock
↗PYPL
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.
Market cap 41.9B · 23,800 employees
Time Series
Relative Performance
Who Moves First
TSLA leads PYPL by 6 days
TSLA tends to move before PYPL.
After testing 13 timing shifts, the strongest relationship was -0.080 (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
-0.595
9 periods · Return correlation when both series rose
Both Falling
+0.035
12 periods · Return correlation when both series fell
Diverging
-0.815
14 periods · Return correlation when series moved apart
R-Squared
0.4%
Share of variance in one series explained by the other.
Trend Agreement
65.3%
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 < 0.05
95% CI: [-0.121, -0.010]
Scatter
XY Regression
Pipeline
Data quality details
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
Tesla, Inc. Common Stock
TSLA
Market cap 1.3T
Stock · 1,254 raw → 1,254 prepared
Series B
PayPal Holdings, Inc. Common Stock
PYPL
Market cap 41.9B · 23,800 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
51
Estimated crossover points between normalized spreads.
Slope
-0.0539
Linear regression slope.
Intercept
115.6745
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
TSLA
Tesla, Inc. Common Stock
Highest
+0.870
Reddit, Inc.
RDDT · 512 data points
Lowest
-0.817
Elevance Health, Inc.
ELV · 947 data points
PYPL
PayPal Holdings, Inc. Common Stock
Highest
-0.013
Amazon.Com Inc
AMZN · 1,254 data points
Lowest
-0.854
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 5 hours ago · ID: stock-tsla-vs-stock-pypl-daily-20260408-0q5l79