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Correlation Analysis

Carnival Corporation vs Costco Wholesale Corp

CCL vs COST

+0.507

Moderate positive

When one moves up, the other tends to follow.

CCL logo

Carnival Corporation

CCL

Carnival is the largest global cruise company, with nearly 100 ships in service. Its portfolio of brands includes Carnival Cruise Lines, Holland America, Princess Cruises, and Seabourn in North America; P&O Cruises and Cunard Line in the United Kingdom; Aida in Germany; Costa Cruises in Southern Europe. It recently folded its P&O Australia brand into Carnival. The firm also owns Holland America Princess Alaska Tours in Alaska and the Canadian Yukon. Carnival's brands attracted nearly 14 million guests in 2025.

Market cap 36B · 117,000 employees

COST logo

Costco Wholesale Corp

COST

Founded in 1983, Costco Wholesale now operates a global chain of membership-based warehouse clubs, delivering high-quality goods and services at consistently low prices. As of its most recent fiscal year, Costco operated approximately 910 warehouses, serving more than 80 million members across its three geographic segments: Costco US (approximately 73% of total revenue), Costco Canada (13%), and Costco International (14%).Costco's core value proposition—quality products at unbeatable prices—has yielded consistently strong member renewal rates (93% in the US and Canada and nearly 90% internationally). About 55% of Costco's fiscal 2025 revenue came from its grocery offerings, and another 25% from general merchandise.

Market cap 451.9B

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

Time Series

Relative Performance

Green: CCLGray: COST36 of 1,254 points (sampled)

Who Moves First

COST leads CCL by 6 days

COST tends to move before CCL.

After testing 13 timing shifts, the strongest relationship was +0.518 (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

+0.207

14 periods · Return correlation when both series rose

Both Falling

+0.833

7 periods · Return correlation when both series fell

Diverging

-0.643

14 periods · Return correlation when series moved apart

R-Squared

25.7%

Share of variance in one series explained by the other.

Trend Agreement

56.4%

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: [0.465, 0.547]

Scatter

XY Regression

6.55101520253034.533064006008001,0001,134Carnival CorporationCostco Wholesale CorpData pointsFit (r = 0.507)

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

CCL logo

Carnival Corporation

CCL

Market cap 36B · 117,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

COST logo

Costco Wholesale Corp

COST

Market cap 451.9B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

1

Estimated crossover points between normalized spreads.

Slope

15.8293

Linear regression slope.

Intercept

378.8272

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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