Correlation Analysis
Apple Inc. vs Kenvue Inc.
AAPL vs KVUE
-0.484
Moderate inverse
When one moves up, the other tends to move down.
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
Kenvue Inc.
↗KVUE
Kenvue is the world's largest pure-play consumer health company by sales, generating over $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of categories within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced November 2025 that it signed a deal to be fully acquired by Kimberly-Clark with the deal expected to close during the second half of 2026.
Market cap 33.2B · 22,000 employees
Time Series
Rebased to 100
Who Moves First
KVUE leads AAPL by 6 days
KVUE tends to move before AAPL.
Best correlation after shifting: -0.496 (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
+0.076
11 periods · Return correlation when both series rose
Both Falling
-0.231
8 periods · Return correlation when both series fell
Diverging
-0.536
16 periods · Return correlation when series moved apart
R-Squared
23.4%
Share of variance in one series explained by the other.
Trend Agreement
52.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
733
Robust shared window — 733 usable pairs.
Significance
p < 0.001
95% CI: [-0.537, -0.426]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
733 paired observations survived the daily window.
Raw input
1,254
733
Normalized
1,254
733
Prepared
1,254
733
Aligned
733
733
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
521
A: 521 / B: 0
Series A
Apple Inc.
AAPL
Market cap 3.8T
Stock · 1,254 raw → 1,254 prepared
Series B
Kenvue Inc.
KVUE
Market cap 33.2B · 22,000 employees
Stock · 733 raw → 733 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
13
Estimated crossover points between normalized spreads.
Slope
-0.0402
Linear regression slope.
Intercept
29.4266
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
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