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Correlation Analysis

Ameriprise Financial, Inc. vs Johnson & Johnson

AMP vs JNJ

+0.077

Weak positive

When one moves up, the other tends to follow.

AMP logo

Ameriprise Financial, Inc.

AMP

Ameriprise Financial has evolved into a diversified financial services provider that generates roughly 65% of its operating income from advice and wealth management. With nearly $1.2 trillion in segment assets under management and advisory at year-end 2025, and with roughly 10,600 affiliated and employee advisors, Ameriprise is one of the larger US-based wealth managers. It also boasts a reasonably large asset management franchise in Columbia Threadneedle, which boasted $678 billion in assets under management at year-end 2025. The firm's third key segment is its retirement and protection services business, which sells insurance products to the firm's advisory clients. After eliminations, Ameriprise had $1.69 trillion in assets under management and advisory across segments at year-end 2025.

Market cap 39B · 13,600 employees

JNJ logo

Johnson & Johnson

JNJ

Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: innovative medicine and medtech. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. After restructurings in 2023-24, the drug division focuses on three main therapeutic areas: immunology, oncology, and neurology. Geographically, just over half of total revenue is generated in the United States.

Market cap 580.4B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockHealthcare

Time Series

Relative Performance

Green: AMPGray: JNJ36 of 1,254 points (sampled)

Who Moves First

AMP leads JNJ by 6 days

AMP tends to move before JNJ.

After testing 13 timing shifts, the strongest relationship was +0.089 (they moved in the same direction).

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

+0.299

10 periods · Return correlation when both series rose

Both Falling

-0.248

6 periods · Return correlation when both series fell

Diverging

-0.524

19 periods · Return correlation when series moved apart

R-Squared

0.6%

Share of variance in one series explained by the other.

Trend Agreement

56.2%

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 < 0.01

95% CI: [0.022, 0.132]

Scatter

XY Regression

216.9250300350400450500550563.7135.5140160180200220240252.6Ameriprise Financial, Inc.Johnson & JohnsonData pointsFit (r = 0.077)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points 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

AMP logo

Ameriprise Financial, Inc.

AMP

Market cap 39B · 13,600 employees

Stock · 1,254 raw → 1,254 prepared

Series B

JNJ logo

Johnson & Johnson

JNJ

Market cap 580.4B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

6

Estimated crossover points between normalized spreads.

Slope

0.0153

Linear regression slope.

Intercept

162.7305

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-amp-vs-stock-jnj-daily