Correlation Analysis
Costco Wholesale Corp vs Kenvue Inc.
COST vs KVUE
-0.296
Light inverse
When one moves up, the other tends to move down.
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
Kenvue Inc.
↗KVUE
Kenvue is the world's largest pure-play consumer health company by sales, generating over $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of categories within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced November 2025 that it signed a deal to be fully acquired by Kimberly-Clark with the deal expected to close during the second half of 2026.
Market cap 33.2B · 22,000 employees
Time Series
Relative Performance
Who Moves First
in sync
COST and KVUE tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was -0.296 (they moved in opposite directions).
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
+0.313
10 periods · Return correlation when both series rose
Both Falling
-0.065
10 periods · Return correlation when both series fell
Diverging
-0.288
15 periods · Return correlation when series moved apart
R-Squared
8.7%
Share of variance in one series explained by the other.
Trend Agreement
54.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
733
Robust shared window — 733 usable pairs.
Significance
p < 0.001
95% CI: [-0.360, -0.228]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
733 paired data points survived the daily window.
Raw input
1,254
733
Normalized
1,254
733
Prepared
1,254
733
Aligned
733
733
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
521
A: 521 / B: 0
Series A
Costco Wholesale Corp
COST
Market cap 451.9B
Stock · 1,254 raw → 1,254 prepared
Series B
Kenvue Inc.
KVUE
Market cap 33.2B · 22,000 employees
Stock · 733 raw → 733 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
7
Estimated crossover points between normalized spreads.
Slope
-0.0046
Linear regression slope.
Intercept
24.6209
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-cost-vs-stock-kvue-daily