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Correlation Analysis

Costco Wholesale Corp vs Goldman Sachs Group Inc.

COST vs GS

+0.822

Strong positive

When one moves up, the other tends to follow.

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

GS logo

Goldman Sachs Group Inc.

GS

Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2025. The bank holding company generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.

Market cap 255.5B · 47,400 employees

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

Time Series

Relative Performance

Green: COSTGray: GS36 of 1,254 points (sampled)

Who Moves First

in sync

COST and GS tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.822 (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

+0.394

17 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.627

14 periods · Return correlation when series moved apart

R-Squared

67.6%

Share of variance in one series explained by the other.

Trend Agreement

59.3%

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: [0.804, 0.840]

Scatter

XY Regression

3064006008001,0001,134253300400500600700800900953Costco Wholesale CorpGoldman Sachs Group Inc.Data pointsFit (r = 0.822)

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

COST logo

Costco Wholesale Corp

COST

Market cap 451.9B

Stock · 1,254 raw → 1,254 prepared

Series B

GS logo

Goldman Sachs Group Inc.

GS

Market cap 255.5B · 47,400 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

28

Estimated crossover points between normalized spreads.

Slope

0.6736

Linear regression slope.

Intercept

8.5476

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-cost-vs-stock-gs-daily