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Correlate

Correlation Analysis

Costco Wholesale Corp vs UNITEDHEALTH GROUP INCORPORATED (Delaware)

COST vs UNH

-0.291

Light inverse

When one moves up, the other tends to move down.

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

UNH logo

UNITEDHEALTH GROUP INCORPORATED (Delaware)

UNH

UnitedHealth Group is one of the largest private health insurers and provides medical benefits to about 51 million members globally, including 1 million outside the US as of December 2025. As a leader in employer-sponsored, self-directed, and government-backed insurance plans, UnitedHealth has obtained massive scale in medical insurance. Along with its insurance assets, UnitedHealth's Optum franchises help create a healthcare services colossus that spans everything from pharmaceutical benefits to providing outpatient care and analytics to affiliates and third parties.

Market cap 255.4B

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

Time Series

Relative Performance

Green: COSTGray: UNH36 of 1,254 points (sampled)

Who Moves First

COST leads UNH by 6 days

COST tends to move before UNH.

After testing 13 timing shifts, the strongest relationship was -0.311 (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

+0.132

15 periods · Return correlation when both series rose

Both Falling

-0.509

9 periods · Return correlation when both series fell

Diverging

-0.561

11 periods · Return correlation when series moved apart

R-Squared

8.5%

Share of variance in one series explained by the other.

Trend Agreement

58.0%

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: [-0.341, -0.239]

Scatter

XY Regression

3064006008001,0001,134257.2300350400450500550600619.1Costco Wholesale CorpUNITEDHEALTH GROUP INCORPORATED (Delaware)Data pointsFit (r = -0.291)

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

UNH logo

UNITEDHEALTH GROUP INCORPORATED (Delaware)

UNH

Market cap 255.4B

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

-0.1163

Linear regression slope.

Intercept

542.5445

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-cost-vs-stock-unh-daily