Amazon Correlations

AMZN Stock

USD 233.06 6.56 2.90%

The current 90-days correlation between Amazon Inc and PDD Holdings is 0.04 (i.e., Significant diversification). A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction.

Build AI portfolio with Amazon Stock

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Amazon Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

Moving against Amazon Stock

0.35	HEPS	D MARKET Electronic	Pair Corr
0.36	T	ATT Inc	Pair Corr

Related Correlations Analysis

	SE	CVNA	LOW	SBUX	NKE	TJX	PDD	JD	CPNG
SE		-0.54	-0.26	-0.57	0.55	-0.87	0.76	0.91	0.87	SE
CVNA	-0.54		0.71	0.42	0.02	0.79	-0.7	-0.46	-0.69	CVNA
LOW	-0.26	0.71		0.44	0.37	0.46	-0.33	-0.09	-0.29	LOW
SBUX	-0.57	0.42	0.44		-0.03	0.56	-0.36	-0.47	-0.54	SBUX
NKE	0.55	0.02	0.37	-0.03		-0.4	0.32	0.59	0.52	NKE
TJX	-0.87	0.79	0.46	0.56	-0.4		-0.86	-0.86	-0.93	TJX
PDD	0.76	-0.7	-0.33	-0.36	0.32	-0.86		0.83	0.84	PDD
JD	0.91	-0.46	-0.09	-0.47	0.59	-0.86	0.83		0.89	JD
CPNG	0.87	-0.69	-0.29	-0.54	0.52	-0.93	0.84	0.89		CPNG
	SE	CVNA	LOW	SBUX	NKE	TJX	PDD	JD	CPNG

Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

JD	+ 0.91	SE
CPNG	+ 0.89	JD
CPNG	+ 0.87	SE
CPNG	+ 0.84	PDD
JD	+ 0.83	PDD
TJX	+ 0.79	CVNA

High negative correlations

CPNG	- 0.93	TJX
TJX	- 0.87	SE
JD	- 0.86	TJX
PDD	- 0.86	TJX
PDD	- 0.7	CVNA
CPNG	- 0.69	CVNA

Risk-Adjusted Indicators

There is a big difference between Amazon Stock performing well and Amazon Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Amazon's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SE	2.16	(0.45)	0.00	(0.30)	0.00	0.00	3.52	(4.78)	12.26
CVNA	3.14	0.04	0.03	0.10	4.32	(3.06)	6.78	(6.78)	19.22
LOW	1.06	(0.07)	(0.07)	0.00	1.24	(1.10)	2.57	(2.29)	7.02
SBUX	1.50	(0.04)	(0.01)	0.05	1.68	(1.62)	3.35	(2.53)	7.62
NKE	1.71	(0.27)	0.00	(0.15)	0.00	0.00	3.87	(3.52)	14.43
TJX	0.76	0.09	0.03	0.35	0.75	(0.84)	1.92	(1.53)	3.97
PDD	1.33	(0.26)	0.00	(0.10)	0.00	0.00	2.84	(3.69)	10.17
JD	1.23	(0.34)	0.00	(0.59)	0.00	0.00	2.22	(2.89)	8.95
CPNG	1.44	(0.56)	0.00	(0.53)	0.00	0.00	2.25	(4.69)	8.69

Amazon Corporate Management

Andrew Jassy	Sr. VP of Amazon Web Services	Profile
Shelley Reynolds	Principal Accounting Officer, VP and Worldwide Controller	Profile
Matthew Garman	Chief Series	Profile
Russ Grandinetti	Senior Consumer	Profile
Anuradha Aggarwal	CMO Growth	Profile

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2026 Macroaxis LLC