Correlation Analysis
UL Solutions Inc. vs VISA Inc.
ULS vs V
+0.641
Moderate positive
When one moves up, the other tends to follow.
UL Solutions Inc.
↗ULS
UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.
Market cap 16.9B · 14,851 employees
VISA Inc.
↗V
Visa is the largest payment processor in the world. In fiscal 2025, it processed almost $17 trillion in total volume. Visa operates in over 200 countries and processes transactions in over 160 currencies. Its systems are capable of processing over 65,000 transactions per second.
Market cap 583.4B
Time Series
Relative Performance
Who Moves First
V leads ULS by 6 days
V tends to move before ULS.
After testing 13 timing shifts, the strongest relationship was +0.653 (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
+0.544
12 periods · Return correlation when both series rose
Both Falling
+0.191
7 periods · Return correlation when both series fell
Diverging
-0.657
16 periods · Return correlation when series moved apart
R-Squared
41.1%
Share of variance in one series explained by the other.
Trend Agreement
56.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
497
Robust shared window — 497 usable pairs.
Significance
p < 0.001
95% CI: [0.586, 0.690]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
497 paired data points survived the daily window.
Raw input
497
1,254
Normalized
497
1,254
Prepared
497
1,254
Aligned
497
497
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
757
A: 0 / B: 757
Series A
UL Solutions Inc.
ULS
Market cap 16.9B · 14,851 employees
Stock · 497 raw → 497 prepared
Series B
VISA Inc.
V
Market cap 583.4B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
1.3993
Linear regression slope.
Intercept
232.4330
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-uls-vs-stock-v-daily