Correlation Analysis
The Kraft Heinz Company Common Stock vs Mastercard Incorporated
KHC vs MA
-0.803
Strong inverse
When one moves up, the other tends to move down.
The Kraft Heinz Company Common Stock
↗KHC
In July 2015, Kraft merged with Heinz to create one of North America's largest food and beverage manufacturers. Beyond its namesake brands, its portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing foodservice presence. Outside North America, Kraft Heinz's global reach encompasses a distribution network in Europe and emerging markets, which accounts for around 25% of its consolidated sales base. The company's products are sold in more than 190 countries and territories.
Market cap 27.9B · 35,000 employees
Mastercard Incorporated
↗MA
Mastercard is the second-largest payment processor in the world, having processed close to $11 trillion in volume during 2025. Mastercard operates in over 200 countries and processes transactions in over 150 currencies.
Market cap 447.2B
Time Series
Relative Performance
Who Moves First
MA leads KHC by 6 days
MA tends to move before KHC.
After testing 13 timing shifts, the strongest relationship was -0.813 (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
+0.524
6 periods · Return correlation when both series rose
Both Falling
-0.368
9 periods · Return correlation when both series fell
Diverging
-0.579
20 periods · Return correlation when series moved apart
R-Squared
64.4%
Share of variance in one series explained by the other.
Trend Agreement
55.9%
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: [-0.822, -0.782]
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
The Kraft Heinz Company Common Stock
KHC
Market cap 27.9B · 35,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Mastercard Incorporated
MA
Market cap 447.2B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
-13.0042
Linear regression slope.
Intercept
878.4222
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
KHC
The Kraft Heinz Company Common Stock
Highest
-0.412
Johnson & Johnson
JNJ · 1,254 data points
Lowest
-0.903
Broadcom Inc. Common Stock
AVGO · 1,254 data points
Saved 7 hours ago · ID: stock-khc-vs-stock-ma-daily