These move together about 76% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Amazon is the leading online retailer and marketplace for third party sellers. Retail related revenue represents approximately 74% of total, followed by Amazon Web Services (17%), and advertising services (9%). International segments constitute 22% of Amazon's total revenue, led by Germany, the United Kingdom, and Japan.
Market cap 2.8T · 1,576,000 employees
Invesco QQQ Trust, Series 1
QQQ
What to Watch
Holds across regimes
Correlation is similar when markets rise (+73%) and fall (+78%) — reliable in both directions.
Rock solid
Correlation barely moves across time windows — treat this as a reliable relationship.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+93%
No shift — both series at their actual dates.
1,255 overlapping points at this shift
Time series with Invesco QQQ Trust, Series 1 at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+93%
Pearson correlation
95% CI
+92% → +94%
Likely range
R²
86.6%
Variance explained
Trend agreement
76.4%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
1,255
Deep
Pipeline
Pipeline Summary
1,255 paired data points survived the daily window.
Raw input
1,255
1,255
Normalized
1,255
1,255
Prepared
1,255
1,255
Aligned
1,255
1,255
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Do They Crash Together?
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
+73%
120 periods · Return correlation when both series rose
Both Falling
+78%
98 periods · Return correlation when both series fell
Diverging
-31%
31 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
0
A: 0 / B: 0
Series A
Amazon.Com Inc
AMZN
Market cap 2.8T · 1,576,000 employees
Stock · 1,255 raw → 1,255 prepared
Series B
Invesco QQQ Trust, Series 1
QQQ
Stock · 1,255 raw → 1,255 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
2.2867
Linear regression slope.
Intercept
40.2254
Linear regression intercept.
Saved 2 hours ago · ID: stock-amzn_stock-qqq_5y
QQQ
Invesco QQQ Trust, Series 1
Strongest positive