Correlation Analysis
Robinhood Markets, Inc. Class A Common Stock vs Johnson & Johnson
HOOD vs JNJ
+0.497
Moderate positive
When one moves up, the other tends to follow.
Robinhood Markets, Inc. Class A Common Stock
↗HOOD
Robinhood is a diversified financial services provider best known for its retail brokerage platform, which historically caters to a young, risk-seeking clientele that trades heavily on margin and in higher-risk asset classes like options, futures, cryptocurrencies, and more recently, in prediction markets. As those customers' financial needs have begun to mature, Robinhood has rolled out a suite of more conventional products, from retirement accounts to high-yield cash sweep accounts to nascent advisory services (Robinhood Strategies). With $322 billion in customer assets and 27 million active accounts at year-end 2025, the firm has emerged as a significant player in the large and quickly growing US brokerage market.
Market cap 62.8B · 2,900 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
HOOD leads JNJ by 6 days
HOOD tends to move before JNJ.
After testing 13 timing shifts, the strongest relationship was +0.532 (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
+0.596
6 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.690
25 periods · Return correlation when series moved apart
R-Squared
24.7%
Share of variance in one series explained by the other.
Trend Agreement
49.5%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,177
Deep shared window — 1,177 usable pairs.
Significance
p < 0.001
95% CI: [0.452, 0.538]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,177 paired data points survived the daily window.
Raw input
1,177
1,254
Normalized
1,177
1,254
Prepared
1,177
1,254
Aligned
1,177
1,177
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
77
A: 0 / B: 77
Series A
Robinhood Markets, Inc. Class A Common Stock
HOOD
Market cap 62.8B · 2,900 employees
Stock · 1,177 raw → 1,177 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
20
Estimated crossover points between normalized spreads.
Slope
0.2725
Linear regression slope.
Intercept
158.8614
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
HOOD
Robinhood Markets, Inc. Class A Common Stock
Highest
+0.884
JPMorgan Chase & Co.
JPM · 1,177 data points
Lowest
+0.288
Exxon Mobil Corporation
XOM · 1,177 data points
Saved 6 hours ago · ID: stock-hood-vs-stock-jnj-daily