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Correlation Analysis

Kenvue Inc. vs Mastercard Incorporated

KVUE vs MA

-0.302

Light inverse

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

KVUE logo

Kenvue Inc.

KVUE

Kenvue is the world's largest pure-play consumer health company by sales, generating over $15 billion in annual revenue. Formerly known as Johnson & Johnson's consumer segment, Kenvue spun off and went public in May 2023. It operates in a variety of categories within consumer health, such as cough, cold and allergy care, pain management, face and body care, and oral care, as well as women's health. Its portfolio has some of the most well-known brands in the space, including Tylenol, Listerine, Johnson's, Aveeno, and Neutrogena. Kenvue announced November 2025 that it signed a deal to be fully acquired by Kimberly-Clark with the deal expected to close during the second half of 2026.

Market cap 33.2B · 22,000 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

May 4, 2023 — Apr 7, 2026Daily733 data pointsStockStockFinancials

Time Series

Relative Performance

Green: KVUEGray: MA36 of 733 points (sampled)

Who Moves First

MA leads KVUE by 6 days

MA tends to move before KVUE.

After testing 13 timing shifts, the strongest relationship was -0.314 (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

+0.463

10 periods · Return correlation when both series rose

Both Falling

-0.384

11 periods · Return correlation when both series fell

Diverging

-0.521

14 periods · Return correlation when series moved apart

R-Squared

9.1%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

How often both series moved in the same direction period-to-period.

Overlap Quality

733

Robust shared window — 733 usable pairs.

Significance

p < 0.001

95% CI: [-0.366, -0.234]

Scatter

XY Regression

14.7916182022242627.8353.3400450500550600602.6Kenvue Inc.Mastercard IncorporatedData pointsFit (r = -0.302)

Pipeline

Data quality details

Pipeline Summary

733 paired data points survived the daily window.

Raw input

733

1,254

Normalized

733

1,254

Prepared

733

1,254

Aligned

733

733

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

521

A: 0 / B: 521

Series A

KVUE logo

Kenvue Inc.

KVUE

Market cap 33.2B · 22,000 employees

Stock · 733 raw → 733 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

7

Estimated crossover points between normalized spreads.

Slope

-7.5310

Linear regression slope.

Intercept

646.1021

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-kvue-vs-stock-ma-daily