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Correlation Analysis

Kimberly-Clark Corp. vs Mastercard Incorporated

KMB vs MA

-0.221

Light inverse

When one moves up, the other tends to move down.

KMB logo

Kimberly-Clark Corp.

KMB

With more than half of its sales from personal care and another third from consumer tissue products, Kimberly-Clark is a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates in the professional segment, partnering with businesses to provide workplace safety and sanitation solutions. Kimberly-Clark generates just over half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America. It is slated to add Kenvue's consumer health portfolio to its mix in the second half of calendar year 2026.

Market cap 32.2B · 36,000 employees

MA logo

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

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

Time Series

Relative Performance

Green: KMBGray: MA36 of 1,254 points (sampled)

Who Moves First

MA leads KMB by 6 days

MA tends to move before KMB.

After testing 13 timing shifts, the strongest relationship was -0.238 (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

-0.343

10 periods · Return correlation when both series rose

Both Falling

+0.570

10 periods · Return correlation when both series fell

Diverging

-0.512

15 periods · Return correlation when series moved apart

R-Squared

4.9%

Share of variance in one series explained by the other.

Trend Agreement

56.2%

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: [-0.273, -0.168]

Scatter

XY Regression

88.790100110120130140150151.5308.1350400450500550599.5Kimberly-Clark Corp.Mastercard IncorporatedData pointsFit (r = -0.221)

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

KMB logo

Kimberly-Clark Corp.

KMB

Market cap 32.2B · 36,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

MA logo

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

15

Estimated crossover points between normalized spreads.

Slope

-1.7559

Linear regression slope.

Intercept

659.4207

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 5 hours ago · ID: stock-kmb-vs-stock-ma-daily