Correlation Analysis
Tesla, Inc. Common Stock vs Symbotic Inc. Class A Common Stock
TSLA vs SYM
+0.543
Moderate 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
Symbotic Inc. Class A Common Stock
↗SYM
Symbotic Inc. is an automation technology company that develops solutions to improve operating efficiencies in modern warehouses. The group designs, commercializes, and deploys end-to-end technology systems that significantly enhance supply chain operations. The company automates the processing of pallets, cases, and individual items within warehouse environments. Its systems strengthen operations at the front end of the supply chain and provide benefits to all supply partners downstream. The company operates in two geographical regions: the United States and international markets, with the majority of its revenue generated in the United States.
Market cap 6.7B · 2,000 employees
Who Moves First
in sync
TSLA and SYM tend to move at the same time.
Best correlation after shifting: +0.543 (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
-0.466
10 periods · Return correlation when both series rose
Both Falling
+0.545
10 periods · Return correlation when both series fell
Diverging
-0.405
15 periods · Return correlation when series moved apart
R-Squared
29.5%
Share of variance in one series explained by the other.
Trend Agreement
62.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
960
Deep shared window — 960 usable pairs.
Significance
p < 0.001
95% CI: [0.497, 0.586]
Time Series
Rebased to 100
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
960 paired observations survived the daily window.
Raw input
1,254
960
Normalized
1,254
960
Prepared
1,254
960
Aligned
960
960
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
294
A: 294 / B: 0
Series A
Tesla, Inc. Common Stock
TSLA
Market cap 1.3T
Stock · 1,254 raw → 1,254 prepared
Series B
Symbotic Inc. Class A Common Stock
SYM
Market cap 6.7B · 2,000 employees
Stock · 960 raw → 960 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.0992
Linear regression slope.
Intercept
7.7704
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
SYM
Symbotic Inc. Class A Common Stock
Highest
+0.736
Alphabet Inc. Class C Capital Stock
GOOG · 960 observations
Lowest
+0.413
Exxon Mobil Corporation
XOM · 960 observations
Saved 3 hours ago · ID: stock-tsla-vs-stock-sym-daily-20260408-l5v5hp