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Correlation Analysis

VISA Inc. vs PAYEMS

V vs PAYEMS

+0.681

Strong positive

When one moves up, the other tends to follow.

V

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

F

PAYEMS

PAYEMS

Apr 1, 2021 — Mar 1, 2026Monthly60 data pointsStockFREDFinancials

Time Series

Relative Performance

Green: VGray: PAYEMS36 of 60 points (sampled)

Who Moves First

PAYEMS leads V by 6 months

PAYEMS tends to move before V.

After testing 13 timing shifts, the strongest relationship was +0.811 (they moved in the same direction).

Stability

Rolling Correlation

How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.

Dashed line = zero correlationRange: -1 to +1

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

-0.033

18 periods · Return correlation when both series rose

Both Falling

N/A

1 periods · Return correlation when both series fell

Diverging

-0.418

16 periods · Return correlation when series moved apart

R-Squared

46.4%

Share of variance in one series explained by the other.

Trend Agreement

54.2%

How often both series moved in the same direction period-to-period.

Overlap Quality

60

Thin shared window — 60 usable pairs.

Significance

p < 0.001

95% CI: [0.517, 0.797]

Scatter

XY Regression

179200250300350369.7143,463144,000146,000148,000150,000152,000154,000156,000158,000159,761VISA Inc.PAYEMSData pointsFit (r = 0.681)

Pipeline

Data quality details

Pipeline Summary

60 paired data points survived the monthly window.

Raw input

1,254

1,047

Normalized

1,254

1,047

Prepared

61

1,047

Aligned

60

60

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

988

A: 1 / B: 987

Series A

V

VISA Inc.

V

Market cap 583.4B

Stock · 1,254 raw → 61 prepared

Series B

F

PAYEMS

FRED · 1,047 raw → 1,047 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

52.6959

Linear regression slope.

Intercept

141056.9200

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-v-vs-fred-payems-monthly-20260408-6n9l3o