Correlation Analysis
Archer Daniels Midland Company vs Exxon Mobil Corporation
ADM vs XOM
-0.052
Weak inverse
When one moves up, the other tends to move down.
Archer Daniels Midland Company
↗ADM
Archer-Daniels-Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.
Market cap 35.4B · 41,496 employees
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
Time Series
Relative Performance
Who Moves First
XOM leads ADM by 6 days
XOM tends to move before ADM.
After testing 13 timing shifts, the strongest relationship was -0.079 (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
+0.078
12 periods · Return correlation when both series rose
Both Falling
+0.380
11 periods · Return correlation when both series fell
Diverging
-0.442
12 periods · Return correlation when series moved apart
R-Squared
0.3%
Share of variance in one series explained by the other.
Trend Agreement
66.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,254
Deep shared window — 1,254 usable pairs.
Significance
n.s.
95% CI: [-0.107, 0.003]
Scatter
XY Regression
Pipeline
Data quality details
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
Archer Daniels Midland Company
ADM
Market cap 35.4B · 41,496 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
17
Estimated crossover points between normalized spreads.
Slope
-0.0896
Linear regression slope.
Intercept
107.5477
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
ADM
Archer Daniels Midland Company
Highest
+0.176
Johnson & Johnson
JNJ · 1,254 data points
Lowest
-0.772
NetFlix Inc
NFLX · 1,254 data points
Saved 7 hours ago · ID: stock-adm-vs-stock-xom-daily