Correlation Analysis
Astera Labs, Inc. Common Stock vs Eli Lilly & Co.
ALAB vs LLY
+0.095
Weak positive
When one moves up, the other tends to follow.
Astera Labs, Inc. Common Stock
↗ALAB
Astera Labs Inc designs and delivers semiconductor-based connectivity solutions for cloud and AI infrastructure. Its Intelligent Connectivity Platform integrates semiconductor technology, microcontrollers, sensors, and software to enhance performance, scalability, and data management. The company offers products such as integrated circuits (ICs), boards, and modules, catering to hyperscalers and system OEMs. The company's solutions focus on data, network, and memory management in AI-driven platforms. Geographically, the company operates in Singapore, China, Taiwan, and United States, of which maximum revenue is derived from United States.
Market cap 20.1B · 756 employees
Eli Lilly & Co.
↗LLY
Eli Lilly is a drug firm with a focus on neuroscience, cardiometabolic, cancer, and immunology. Lilly's key products include Verzenio for cancer; Mounjaro, Zepbound, Jardiance, Trulicity, Humalog, and Humulin for cardiometabolic; and Taltz and Olumiant for immunology.
Market cap 828.2B · 50,000 employees
Time Series
Relative Performance
Who Moves First
ALAB leads LLY by 6 days
ALAB tends to move before LLY.
After testing 13 timing shifts, the strongest relationship was +0.142 (they moved in the same direction).
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
-0.305
6 periods · Return correlation when both series rose
Both Falling
+0.058
10 periods · Return correlation when both series fell
Diverging
-0.798
19 periods · Return correlation when series moved apart
R-Squared
0.9%
Share of variance in one series explained by the other.
Trend Agreement
54.9%
How often both series moved in the same direction period-to-period.
Overlap Quality
513
Robust shared window — 513 usable pairs.
Significance
p < 0.05
95% CI: [0.008, 0.180]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
513 paired data points survived the daily window.
Raw input
513
1,254
Normalized
513
1,254
Prepared
513
1,254
Aligned
513
513
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
741
A: 0 / B: 741
Series A
Astera Labs, Inc. Common Stock
ALAB
Market cap 20.1B · 756 employees
Stock · 513 raw → 513 prepared
Series B
Eli Lilly & Co.
LLY
Market cap 828.2B · 50,000 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
19
Estimated crossover points between normalized spreads.
Slope
0.2028
Linear regression slope.
Intercept
833.8451
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
ALAB
Astera Labs, Inc. Common Stock
Highest
+0.825
JPMorgan Chase & Co.
JPM · 513 data points
Lowest
+0.133
Exxon Mobil Corporation
XOM · 513 data points
Saved 4 hours ago · ID: stock-alab-vs-stock-lly-daily