Correlation Analysis
The Carlyle Group Inc. Common Stock vs JPMorgan Chase & Co.
CG vs JPM
+0.756
Strong positive
When one moves up, the other tends to follow.
The Carlyle Group Inc. Common Stock
↗CG
Carlyle Group is one of the world's largest alternative-asset managers, with $476.9 billion in total AUM, including $336.8 billion in fee-earning AUM, at the end of 2025. The company has three core business segments: global private equity, which includes its private equity, real estate, infrastructure, and natural resources offerings (with $163.6 billion in total AUM and $101.4 billion in fee-earning AUM), global credit ($211.3 billion/$169.5 billion), and investment/fund solutions, known as Carlyle AlphInvest ($101.0 billion/$65.9 billion). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 3,100 active carry fund investors from 87 countries.
Market cap 16.9B · 2,500 employees
JPMorgan Chase & Co.
↗JPM
JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $4.4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates and is subject to regulation in multiple countries.
Market cap 792.5B
Time Series
Relative Performance
Who Moves First
in sync
CG and JPM tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.756 (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
16 periods · Return correlation when both series rose
Both Falling
+0.649
11 periods · Return correlation when both series fell
Diverging
-0.633
8 periods · Return correlation when series moved apart
R-Squared
57.1%
Share of variance in one series explained by the other.
Trend Agreement
67.4%
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: [0.731, 0.779]
Scatter
XY Regression
Pipeline
Data quality details
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
The Carlyle Group Inc. Common Stock
CG
Market cap 16.9B · 2,500 employees
Stock · 1,254 raw → 1,254 prepared
Series B
JPMorgan Chase & Co.
JPM
Market cap 792.5B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
4.6692
Linear regression slope.
Intercept
-11.7826
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
CG
The Carlyle Group Inc. Common Stock
Highest
+0.750
NetFlix Inc
NFLX · 1,254 data points
Lowest
-0.000
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 4 hours ago · ID: stock-cg-vs-stock-jpm-daily