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Correlation Analysis

Microsoft Corp vs Kenvue Inc.

MSFT vs KVUE

-0.506

Moderate inverse

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

MSFT logo

Microsoft Corp

MSFT

Microsoft develops and licenses consumer and enterprise software. It is known for its Windows operating systems and Office productivity suite. The company is organized into three equally sized broad segments: productivity and business processes (legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, Dynamics), intelligence cloud (infrastructure- and platform-as-a-service offerings Azure, Windows Server OS, SQL Server), and more personal computing (Windows Client, Xbox, Bing search, display advertising, and Surface laptops, tablets, and desktops).

Market cap 2.8T

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: MSFTGray: KVUE36 of 733 points (sampled)

Who Moves First

MSFT leads KVUE by 6 days

MSFT tends to move before KVUE.

Best correlation after shifting: -0.527 (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

-0.137

7 periods · Return correlation when both series rose

Both Falling

-0.252

11 periods · Return correlation when both series fell

Diverging

-0.759

17 periods · Return correlation when series moved apart

R-Squared

25.6%

Share of variance in one series explained by the other.

Trend Agreement

47.7%

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: [-0.558, -0.450]

Scatter

XY Regression

287.6300350400450500546.414.7916182022242627.8Microsoft CorpKenvue Inc.Data pointsFit (r = -0.506)

Pipeline

Data quality details

Pipeline Summary

733 paired observations survived the daily window.

Raw input

1,254

733

Normalized

1,254

733

Prepared

1,254

733

Aligned

733

733

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

521

A: 521 / B: 0

Series A

MSFT logo

Microsoft Corp

MSFT

Market cap 2.8T

Stock · 1,254 raw → 1,254 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

36

Estimated crossover points between normalized spreads.

Slope

-0.0232

Linear regression slope.

Intercept

30.4627

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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