Correlation Analysis
C.H. Robinson Worldwide, Inc. vs Costco Wholesale Corp
CHRW vs COST
+0.423
Moderate positive
When one moves up, the other tends to follow.
C.H. Robinson Worldwide, Inc.
↗CHRW
C.H. Robinson is a top-tier non-asset-based third-party logistics provider with a significant focus on domestic freight brokerage (about 60% of net revenue), which reflects mostly truck brokerage but also rail intermodal. Additionally, the firm operates a large air and ocean forwarding division (30%), which has grown organically and via tuck-in acquisitions over the years. The remainder of revenue consists of transportation management services and a legacy produce-sourcing operation.
Market cap 19.9B · 11,855 employees
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
Time Series
Relative Performance
Who Moves First
COST leads CHRW by 6 days
COST tends to move before CHRW.
After testing 13 timing shifts, the strongest relationship was +0.426 (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
-0.343
14 periods · Return correlation when both series rose
Both Falling
+0.076
7 periods · Return correlation when both series fell
Diverging
-0.608
14 periods · Return correlation when series moved apart
R-Squared
17.9%
Share of variance in one series explained by the other.
Trend Agreement
57.6%
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: [0.376, 0.467]
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
C.H. Robinson Worldwide, Inc.
CHRW
Market cap 19.9B · 11,855 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
5
Estimated crossover points between normalized spreads.
Slope
3.8293
Linear regression slope.
Intercept
285.5798
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-chrw-vs-stock-cost-daily