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Correlation Analysis

Airbnb, Inc. Class A Common Stock vs Exxon Mobil Corporation

ABNB vs XOM

-0.459

Moderate inverse

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

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Airbnb is the world's largest online alternative accommodation travel agency; it also offers booking services for boutique hotels, experiences, and hotel-like services. Airbnb's platform offers over 9 million active accommodation listings. Listings from the company's 5 million-plus hosts are spread over almost every country in the world. In 2025, 42% of revenue was from North America, 39% from Europe, the Middle East, and Africa, 10% from Latin America, and 9% from Asia-Pacific. Transaction fees for online bookings account for all its revenue.

Market cap 76B · 8,200 employees

XOM logo

Exxon Mobil Corporation

XOM

ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.

Market cap 680.7B

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockEnergy

Time Series

Relative Performance

Green: ABNBGray: XOM36 of 1,254 points (sampled)

Who Moves First

XOM leads ABNB by 6 days

XOM tends to move before ABNB.

After testing 13 timing shifts, the strongest relationship was -0.468 (they moved in opposite directions).

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

-0.182

13 periods · Return correlation when both series rose

Both Falling

-0.079

11 periods · Return correlation when both series fell

Diverging

-0.623

11 periods · Return correlation when series moved apart

R-Squared

21.1%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,254

Deep shared window — 1,254 usable pairs.

Significance

p < 0.001

95% CI: [-0.501, -0.414]

Scatter

XY Regression

79.780100120140160180186.945.26080100120140160172.7Airbnb, Inc. Class A Common StockExxon Mobil CorporationData pointsFit (r = -0.459)

Pipeline

Data quality details

Pipeline Summary

1,254 paired data points survived the daily window.

Raw input

1,254

1,254

Normalized

1,254

1,254

Prepared

1,254

1,254

Aligned

1,254

1,254

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

0

A: 0 / B: 0

Series A

ABNB logo

Airbnb, Inc. Class A Common Stock

ABNB

Market cap 76B · 8,200 employees

Stock · 1,254 raw → 1,254 prepared

Series B

XOM logo

Exxon Mobil Corporation

XOM

Market cap 680.7B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

29

Estimated crossover points between normalized spreads.

Slope

-0.4847

Linear regression slope.

Intercept

166.7544

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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