Correlation Analysis
Costco Wholesale Corp vs Live Nation Entertainment Inc.
COST vs LYV
+0.817
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
Live Nation Entertainment Inc.
↗LYV
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 51 countries, Live Nation promotes concerts globally and it owned, operated, or had exclusive booking rights to more than 400 venues worldwide at the end of 2025, which the firm says makes it the second-largest operator of music venues globally. In 2025, Live Nation promoted nearly 55,000 events, drawing roughly 160 million fans. Ticketmaster is a dominant global ticketing service, selling nearly 650 million tickets in 2025.
Market cap 37.6B · 17,700 employees
Time Series
Relative Performance
Who Moves First
COST leads LYV by 4 days
COST tends to move before LYV.
After testing 13 timing shifts, the strongest relationship was +0.817 (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
+0.350
16 periods · Return correlation when both series rose
Both Falling
+0.713
9 periods · Return correlation when both series fell
Diverging
-0.547
10 periods · Return correlation when series moved apart
R-Squared
66.7%
Share of variance in one series explained by the other.
Trend Agreement
60.4%
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: [0.798, 0.835]
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
Costco Wholesale Corp
COST
Market cap 451.9B
Stock · 1,254 raw → 1,254 prepared
Series B
Live Nation Entertainment Inc.
LYV
Market cap 37.6B · 17,700 employees
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
0.1045
Linear regression slope.
Intercept
34.6284
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
LYV
Live Nation Entertainment Inc.
Highest
+0.887
JPMorgan Chase & Co.
JPM · 1,254 data points
Lowest
+0.368
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-cost-vs-stock-lyv-daily