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Correlation Analysis

Meta Platforms, Inc. Class A Common Stock vs Kenvue Inc.

META vs KVUE

-0.399

Light inverse

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

META logo

Meta Platforms, Inc. Class A Common Stock

META

Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.

Market cap 1.4T

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

May 4, 2023 — Apr 7, 2026Daily733 observationsStockStockTechnology

Time Series

Rebased to 100

Green: METAGray: KVUE36 of 733 points (sampled)

Who Moves First

META leads KVUE by 6 days

META tends to move before KVUE.

Best correlation after shifting: -0.400 (13 shifts scanned)

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

+0.129

10 periods · Return correlation when both series rose

Both Falling

-0.433

7 periods · Return correlation when both series fell

Diverging

-0.375

18 periods · Return correlation when series moved apart

R-Squared

15.9%

Share of variance in one series explained by the other.

Trend Agreement

46.8%

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: [-0.458, -0.336]

Scatter

XY Regression

19020030040050060070080081514.7916182022242627.8Meta Platforms, Inc. Class A Common StockKenvue Inc.Data pointsFit (r = -0.399)

Pipeline

Data quality details

Pipeline Summary

733 paired observations survived the daily window.

Raw input

1,107

733

Normalized

1,107

733

Prepared

1,107

733

Aligned

733

733

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

374

A: 374 / B: 0

Series A

META logo

Meta Platforms, Inc. Class A Common Stock

META

Market cap 1.4T

Stock · 1,107 raw → 1,107 prepared

Series B

KVUE logo

Kenvue Inc.

KVUE

Market cap 33.2B · 22,000 employees

Stock · 733 raw → 733 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

13

Estimated crossover points between normalized spreads.

Slope

-0.0070

Linear regression slope.

Intercept

24.4839

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 3 hours ago · ID: stock-meta-vs-stock-kvue-daily-20260408-tobrkn