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Correlation Analysis

JPMorgan Chase & Co. vs Yum! Brands, Inc.

JPM vs YUM

+0.832

Strong positive

When one moves up, the other tends to follow.

JPM logo

JPMorgan Chase & Co.

JPM

JPMorgan Chase is one of the largest and most complex financial institutions in the United States, with more than $4.4 trillion in assets. It is organized into four major segments: consumer and community banking, corporate and investment banking, commercial banking, and asset and wealth management. JPMorgan operates and is subject to regulation in multiple countries.

Market cap 792.5B

YUM logo

Yum! Brands, Inc.

YUM

As of the end of 2025, Yum Brands generated over $68 billion in systemwide sales from more than 63,000 restaurants across 155 markets, making it the world's second-largest restaurant firm by dollar sales. Its portfolio includes KFC (33,897 stores), Pizza Hut (19,974), Taco Bell (9,030), and Habit Burger (384), with 72% of locations in international markets. As 97% of its portfolio is franchised, Yum's business model is tilted toward recurring franchise royalties and marketing contributions (64% of revenue), with the balance derived from sales at company-owned locations. The company traces its roots to a 1997 spinoff of PepsiCo's restaurant assets.

Market cap 43.5B · 49,000 employees

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

Time Series

Relative Performance

Green: JPMGray: YUM36 of 1,254 points (sampled)

Who Moves First

JPM leads YUM by 6 days

JPM tends to move before YUM.

After testing 13 timing shifts, the strongest relationship was +0.834 (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

+0.450

15 periods · Return correlation when both series rose

Both Falling

-0.443

8 periods · Return correlation when both series fell

Diverging

-0.654

12 periods · Return correlation when series moved apart

R-Squared

69.2%

Share of variance in one series explained by the other.

Trend Agreement

57.5%

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: [0.814, 0.848]

Scatter

XY Regression

98.3100150200250300333.4111.1120130140150160167.1JPMorgan Chase & Co.Yum! Brands, Inc.Data pointsFit (r = 0.832)

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

JPM logo

JPMorgan Chase & Co.

JPM

Market cap 792.5B

Stock · 1,254 raw → 1,254 prepared

Series B

YUM logo

Yum! Brands, Inc.

YUM

Market cap 43.5B · 49,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

9

Estimated crossover points between normalized spreads.

Slope

0.1642

Linear regression slope.

Intercept

101.4241

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-jpm-vs-stock-yum-daily