Correlation Analysis
Costco Wholesale Corp vs Credo Technology Group Holding Ltd Ordinary Shares
COST vs CRDO
+0.725
Strong positive
When one moves up, the other tends to follow.
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
Credo Technology Group Holding Ltd Ordinary Shares
↗CRDO
Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market. It has a geographic presence in Hong Kong, the United States, Mainland China, Taiwan, and the Rest of the World.
Market cap 18.9B · 622 employees
Time Series
Relative Performance
Who Moves First
COST leads CRDO by 6 days
COST tends to move before CRDO.
After testing 13 timing shifts, the strongest relationship was +0.728 (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
+0.404
12 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.544
19 periods · Return correlation when series moved apart
R-Squared
52.6%
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
1,051
Deep shared window — 1,051 usable pairs.
Significance
p < 0.001
95% CI: [0.695, 0.753]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,051 paired data points survived the daily window.
Raw input
1,254
1,051
Normalized
1,254
1,051
Prepared
1,254
1,051
Aligned
1,051
1,051
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
203
A: 203 / B: 0
Series A
Costco Wholesale Corp
COST
Market cap 451.9B
Stock · 1,254 raw → 1,254 prepared
Series B
Credo Technology Group Holding Ltd Ordinary Shares
CRDO
Market cap 18.9B · 622 employees
Stock · 1,051 raw → 1,051 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
0.1637
Linear regression slope.
Intercept
-74.0014
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
COST
Costco Wholesale Corp
Highest
+0.977
Republic Services Inc.
RSG · 1,254 data points
Lowest
-0.912
Fiserv, Inc. Common Stock
FISV · 644 data points
CRDO
Credo Technology Group Holding Ltd Ordinary Shares
Highest
+0.906
JPMorgan Chase & Co.
JPM · 1,051 data points
Lowest
+0.489
Exxon Mobil Corporation
XOM · 1,051 data points
Saved 6 hours ago · ID: stock-cost-vs-stock-crdo-daily