Correlation Analysis
Applovin Corporation Class A Common Stock vs Exxon Mobil Corporation
APP vs XOM
+0.426
Moderate positive
When one moves up, the other tends to follow.
Applovin Corporation Class A Common Stock
↗APP
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
Market cap 139.2B · 898 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
APP leads XOM by 6 days
APP tends to move before XOM.
After testing 13 timing shifts, the strongest relationship was +0.431 (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
-0.348
13 periods · Return correlation when both series rose
Both Falling
-0.047
6 periods · Return correlation when both series fell
Diverging
-0.749
16 periods · Return correlation when series moved apart
R-Squared
18.2%
Share of variance in one series explained by the other.
Trend Agreement
53.0%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,250
Deep shared window — 1,250 usable pairs.
Significance
p < 0.001
95% CI: [0.380, 0.471]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,250 paired data points survived the daily window.
Raw input
1,250
1,254
Normalized
1,250
1,254
Prepared
1,250
1,254
Aligned
1,250
1,250
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
4
A: 0 / B: 4
Series A
Applovin Corporation Class A Common Stock
APP
Market cap 139.2B · 898 employees
Stock · 1,250 raw → 1,250 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
1
Estimated crossover points between normalized spreads.
Slope
0.0503
Linear regression slope.
Intercept
93.4780
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
APP
Applovin Corporation Class A Common Stock
Highest
+0.934
JPMorgan Chase & Co.
JPM · 1,250 data points
Lowest
+0.486
Johnson & Johnson
JNJ · 1,250 data points
Saved 4 hours ago · ID: stock-app-vs-stock-xom-daily