Correlation Analysis
Costco Wholesale Corp vs Cloudflare, Inc. Class A common stock, par value $0.001 per share
COST vs NET
+0.600
Moderate 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
Cloudflare, Inc. Class A common stock, par value $0.001 per share
↗NET
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
Market cap 74.5B · 5,156 employees
Time Series
Relative Performance
Who Moves First
in sync
COST and NET tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.600 (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
+0.440
17 periods · Return correlation when both series rose
Both Falling
+0.946
10 periods · Return correlation when both series fell
Diverging
-0.626
8 periods · Return correlation when series moved apart
R-Squared
36.0%
Share of variance in one series explained by the other.
Trend Agreement
60.8%
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: [0.563, 0.634]
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
Cloudflare, Inc. Class A common stock, par value $0.001 per share
NET
Market cap 74.5B · 5,156 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.1486
Linear regression slope.
Intercept
5.9748
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
NET
Cloudflare, Inc. Class A common stock, par value $0.001 per share
Highest
+0.826
NetFlix Inc
NFLX · 1,254 data points
Lowest
+0.136
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-cost-vs-stock-net-daily