SeriesMagCorrOverlapThrough
These move together about 46% of the time
Very strong positive
Strong enough to use as a signal — read the stability and regime notes below before relying on it.
Johnson & Johnson is the world's largest and most diverse healthcare firm. It has two divisions: innovative medicine and medtech. These now represent all of the company's sales following the divestment of the consumer business, Kenvue, in 2023. After restructurings in 2023-24, the drug division focuses on three main therapeutic areas: immunology, oncology, and neurology. Geographically, just over half of total revenue is generated in the United States.
Market cap 542.4B · 140,800 employees
GE Vernova is a global leader in the electric power industry, with products and services that generate, transfer, convert, and store electricity. The company has three business segments: power, wind, and electrification. Power includes gas, nuclear, hydroelectric, and steam technologies, providing dispatchable power. The wind segment includes wind generation technologies, including onshore and offshore wind turbines and blades. Electrification includes grid solutions, power conversion, electrification software, and solar and storage solutions technologies required for the transmission, distribution, conversion, and storage of electricity from the point of generation to the point of consumpti
What to Watch
Holds across regimes
Correlation is similar when markets rise (+14%) and fall (+16%) — reliable in both directions.
Regime-dependent
The correlation has flipped sign across time windows — not reliable as a standalone signal.
Time Series
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
+86%
No shift — both series at their actual dates.
523 overlapping points at this shift
Time series with GE Vernova Inc. at original dates
Indexed to 100 at start
Deep Dive
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Corr
+86%
Pearson correlation
95% CI
+83% → +88%
Likely range
R²
73.2%
Variance explained
Trend agreement
45.8%
Same-direction moves
Significance
p < 0.001
Statistical confidence
Data points
523
Robust
Pipeline
Pipeline Summary
523 paired data points survived the daily window.
Raw input
1,255
523
Normalized
1,255
523
Prepared
1,255
523
Aligned
523
523
Invalid removed
Explore
The strongest positive and inverse pairs we’ve saved for each side of this comparison — good jumping-off points if this result raised a question.
Market cap 301B · 75,000 employees
Do They Crash Together?
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
+14%
73 periods · Return correlation when both series rose
Both Falling
+16%
52 periods · Return correlation when both series fell
Diverging
-62%
124 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
732
A: 732 / B: 0
Series A
Johnson & Johnson
JNJ
Market cap 542.4B · 140,800 employees
Stock · 1,255 raw → 1,255 prepared
Series B
GE Vernova Inc.
GEV
Market cap 301B · 75,000 employees
Stock · 523 raw → 523 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
6.7178
Linear regression slope.
Intercept
-719.5929
Linear regression intercept.
Saved 3 hours ago · ID: stock-gev_stock-jnj_5y
GEV
GE Vernova Inc.
Strongest positive