Correlation Analysis
Equifax, Incorporated vs Johnson & Johnson
EFX vs JNJ
-0.318
Light inverse
When one moves up, the other tends to move down.
Equifax, Incorporated
↗EFX
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about 40% of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates about 25% of its revenue from outside the United States.
Market cap 22B · 15,000 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 EFX by 6 days
JNJ tends to move before EFX.
After testing 13 timing shifts, the strongest relationship was -0.340 (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
-0.379
11 periods · Return correlation when both series rose
Both Falling
-0.230
10 periods · Return correlation when both series fell
Diverging
-0.644
14 periods · Return correlation when series moved apart
R-Squared
10.1%
Share of variance in one series explained by the other.
Trend Agreement
56.4%
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: [-0.367, -0.268]
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
Equifax, Incorporated
EFX
Market cap 22B · 15,000 employees
Stock · 1,254 raw → 1,254 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
34
Estimated crossover points between normalized spreads.
Slope
-0.1871
Linear regression slope.
Intercept
211.7418
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-efx-vs-stock-jnj-daily