Correlation Analysis
Circle Internet Group, Inc. vs Johnson & Johnson
CRCL vs JNJ
-0.739
Strong inverse
When one moves up, the other tends to move down.
Circle Internet Group, Inc.
↗CRCL
Circle Internet Group Inc is a financial technology firm engaged in digital currencies and public blockchains for payments, commerce, and financial applications. The company's platform is a full-stack, internet financial platform business, organized around three pillars: Arc Blockchain and Developer Infrastructure, Circle Digital Assets and Services, and Circle Applications.
Market cap 22.8B · 1,100 employees
Johnson & Johnson
↗JNJ
Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: innovative medicine and medtech. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. After restructurings in 2023-24, the drug division focuses on three main therapeutic areas: immunology, oncology, and neurology. Geographically, just over half of total revenue is generated in the United States.
Market cap 580.4B
Time Series
Relative Performance
Who Moves First
JNJ leads CRCL by 2 days
JNJ tends to move before CRCL.
After testing 13 timing shifts, the strongest relationship was -0.746 (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
-0.193
8 periods · Return correlation when both series rose
Both Falling
-0.758
5 periods · Return correlation when both series fell
Diverging
-0.545
22 periods · Return correlation when series moved apart
R-Squared
54.5%
Share of variance in one series explained by the other.
Trend Agreement
43.3%
How often both series moved in the same direction period-to-period.
Overlap Quality
210
Usable shared window — 210 usable pairs.
Significance
p < 0.001
95% CI: [-0.794, -0.670]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
210 paired data points survived the daily window.
Raw input
210
1,254
Normalized
210
1,254
Prepared
210
1,254
Aligned
210
210
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,044
A: 0 / B: 1044
Series A
Circle Internet Group, Inc.
CRCL
Market cap 22.8B · 1,100 employees
Stock · 210 raw → 210 prepared
Series B
Johnson & Johnson
JNJ
Market cap 580.4B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.4850
Linear regression slope.
Intercept
255.0213
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-crcl-vs-stock-jnj-daily