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Kenvue Inc. (KVUE) vs Labor Force Participation
Correlation
of % moves
-33%
In sync
of periods
32%
History
monthsmonths · through 2026-08
39
These move in the same direction about 32% of the time
Their swing sizes only faintly mirror each other (~11% of the pattern is shared).
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
KVUE moves ~13 months before Labor Force Participation
Watch KVUE for an early read on Labor Force Participation.
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)
32%
Headline metric
Movement correlation(i)
-33%
Based on % moves
95% CI
-59% → -1%
Pipeline
Pipeline Summary
39 paired data points survived the monthly window.
Raw input
839
943
Normalized
839
943
Prepared
41
943
Aligned
39
39
Invalid removed
Likely range of correlation
R²(i)
11%
Variance explained
Significance
p < 0.05
Statistical confidence
Data points(i)
37
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: -17 to 17 months.
Selected shift
+13 months
Correlation at this shift
+65%
+32% stronger than no-shift baseline
Labor Force Participation shifted 13 months earlier. Reads: "Does Kenvue Inc. (KVUE) today line up with Labor Force Participation 13 months from now?"
15 overlapping points at this shift
Baseline
-33%
No-shift correlation, matching the main time-series chart above.
Peak shift
+13 months
+65%
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
N/A
2 periods · Return correlation when both series rose
Both Falling
-25%
7 periods · Return correlation when both series fell
Diverging
-58%
28 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
906
A: 2 / B: 904
Series A
Kenvue Inc. (KVUE)
KVUE
Stock · 839 raw → 41 prepared
Series B
Labor Force Participation
CIVPART
FRED · 943 raw → 943 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.0119
Linear regression slope.
Intercept
-0.0005
Linear regression intercept.
Saved 4 months ago · ID: fred-civpart_stock-kvue_monthly_5y