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Correlation Analysis

Coeur Mining, Inc. vs Costco Wholesale Corp

CDE vs COST

+0.528

Moderate positive

When one moves up, the other tends to follow.

CDE logo

Coeur Mining, Inc.

CDE

Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada, and Mexico generating maximum revenue from United States.

Market cap 19.2B · 2,620 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: CDEGray: COST36 of 1,254 points (sampled)

Who Moves First

COST leads CDE by 6 days

COST tends to move before CDE.

After testing 13 timing shifts, the strongest relationship was +0.534 (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

-0.003

10 periods · Return correlation when both series rose

Both Falling

N/A

3 periods · Return correlation when both series fell

Diverging

-0.631

22 periods · Return correlation when series moved apart

R-Squared

27.9%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

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: [0.487, 0.567]

Scatter

XY Regression

0.82510152022.433064006008001,0001,134Coeur Mining, Inc.Costco Wholesale CorpData pointsFit (r = 0.528)

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

CDE logo

Coeur Mining, Inc.

CDE

Market cap 19.2B · 2,620 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

3

Estimated crossover points between normalized spreads.

Slope

22.0842

Linear regression slope.

Intercept

531.6313

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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