Correlation Analysis
Johnson & Johnson vs Verisk Analytics, Inc. Common Stock
JNJ vs VRSK
-0.354
Light inverse
When one moves up, the other tends to move down.
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
Verisk Analytics, Inc. Common Stock
↗VRSK
Verisk is a leading data, analytics, and technology provider for property-casualty insurers. Verisk traces its history to Insurance Services Office, a nonprofit advisory organization founded in 1971 by US P&C insurers. ISO was formed as an association of insurance companies to assist with a variety of insurance use cases, such as reporting to regulators, defining policies, and determining independent premium rates. As the firm expanded its use cases, it became a for-profit company, renamed Verisk, and went public in 2009. Verisk's single segment (insurance) provides underwriting solutions, including forms, rules, loss costs, and catastrophe modeling. For claims, Verisk's solutions include property repair estimates and antifraud tools. About 83% of Verisk's revenue is US-based.
Market cap 24.2B · 8,000 employees
Time Series
Relative Performance
Who Moves First
JNJ leads VRSK by 6 days
JNJ tends to move before VRSK.
After testing 13 timing shifts, the strongest relationship was -0.380 (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
+0.166
10 periods · Return correlation when both series rose
Both Falling
-0.294
6 periods · Return correlation when both series fell
Diverging
-0.782
19 periods · Return correlation when series moved apart
R-Squared
12.5%
Share of variance in one series explained by the other.
Trend Agreement
61.7%
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: [-0.402, -0.305]
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
Johnson & Johnson
JNJ
Market cap 580.4B
Stock · 1,254 raw → 1,254 prepared
Series B
Verisk Analytics, Inc. Common Stock
VRSK
Market cap 24.2B · 8,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
10
Estimated crossover points between normalized spreads.
Slope
-0.7363
Linear regression slope.
Intercept
350.4516
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
JNJ
Johnson & Johnson
Highest
+0.943
Sandisk Corporation Common Stock
SNDK · 281 data points
Lowest
-0.621
Kimberly-Clark Corp.
KMB · 1,254 data points
VRSK
Verisk Analytics, Inc. Common Stock
Highest
+0.779
Costco Wholesale Corp
COST · 1,254 data points
Lowest
+0.048
Micron Technology, Inc.
MU · 1,254 data points
Saved 4 hours ago · ID: stock-jnj-vs-stock-vrsk-daily