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Kenvue Inc. (KVUE) vs Monetary Base
Correlation
of % moves
+26%
In sync
of periods
50%
History
monthsmonths · through 2026-03
35
These move in the same direction about 50% of the time
Their swing sizes only faintly line up (~7% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Monetary Base moves ~15 months before KVUE
Watch Monetary Base for an early read on KVUE.
Tighter in drawdowns
The relationship is stronger when both prices are falling than when both are rising — typical risk-off behaviour.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
50.0%
Headline metric
Movement correlation(i)
+26%
Based on % moves
95% CI
-8% → +55%
Likely range of correlation
Pipeline
Pipeline Summary
35 paired data points survived the monthly window.
Raw input
769
807
Normalized
769
807
Prepared
37
807
Aligned
35
35
Invalid removed
R²(i)
6.9%
Variance explained
Significance
n.s.
Statistical confidence
Data points
35
Thin
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: -18 to 18 months.
Selected shift
-15 months
Correlation at this shift
+42%
+15% stronger than no-shift baseline
Monetary Base shifted 15 months later. Reads: "Does Kenvue Inc. (KVUE) today line up with Monetary Base 15 months ago?"
19 overlapping points at this shift
Baseline
+26%
No-shift correlation, matching the main time-series chart above.
Peak shift
-15 months
+42%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
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
-6%
8 periods · Return correlation when both series rose
Both Falling
+68%
9 periods · Return correlation when both series fell
Diverging
-81%
17 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
774
A: 2 / B: 772
Series A
Kenvue Inc. (KVUE)
KVUE
Stock · 769 raw → 37 prepared
Series B
Monetary Base
BOGMBASE
FRED · 807 raw → 807 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
4
Estimated crossover points between normalized spreads.
Slope
0.0518
Linear regression slope.
Intercept
0.0000
Linear regression intercept.
Saved 3 weeks ago · ID: fred-bogmbase_stock-kvue_monthly_5y