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Correlation Analysis

Apple Inc. vs The Kraft Heinz Company Common Stock

AAPL vs KHC

-0.846

Strong inverse

When one moves up, the other tends to move down.

AAPL logo

Apple Inc.

AAPL

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Market cap 3.8T

KHC logo

The Kraft Heinz Company Common Stock

KHC

In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. Beyond its namesake brands, its portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach encompasses a distribution network in Europe and emerging markets, which accounts for around 25% of its consolidated sales base. The company's products are sold in more than 190 countries and territories.

Market cap 27.9B · 35,000 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 observationsStockStockTechnology

Time Series

Rebased to 100

Green: AAPLGray: KHC36 of 1,254 points (sampled)

Who Moves First

KHC leads AAPL by 5 days

KHC tends to move before AAPL.

Best correlation after shifting: -0.848 (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

-0.221

5 periods · Return correlation when both series rose

Both Falling

+0.687

7 periods · Return correlation when both series fell

Diverging

-0.585

23 periods · Return correlation when series moved apart

R-Squared

71.5%

Share of variance in one series explained by the other.

Trend Agreement

54.3%

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

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [-0.861, -0.829]

Scatter

XY Regression

112.3120140160180200220240260280285.621.53253035404545.5Apple Inc.The Kraft Heinz Company Common StockData pointsFit (r = -0.846)

Pipeline

Data quality details

Pipeline Summary

1,254 paired observations survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

AAPL logo

Apple Inc.

AAPL

Market cap 3.8T

Stock · 1,254 raw → 1,254 prepared

Series B

KHC logo

The Kraft Heinz Company Common Stock

KHC

Market cap 27.9B · 35,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

17

Estimated crossover points between normalized spreads.

Slope

-0.1099

Linear regression slope.

Intercept

55.0074

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-aapl-vs-stock-khc-daily-20260408-sqqo8r