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Correlation Analysis

Blackrock, Inc. vs Oracle Corp

BLK vs ORCL

+0.808

Strong positive

When one moves up, the other tends to follow.

BLK logo

Blackrock, Inc.

BLK

BlackRock is the largest asset manager in the world, with $14.041 trillion in assets under management at the end of December 2025. Its product mix is diverse, with 55% of managed assets in equity strategies, 23% in fixed income, 9% in multi-asset classes, 6% in money market funds, and 5% in alternatives. Passive strategies account for more than two-thirds of long-term AUM, with the company's ETF platform maintaining a leading market share domestically and on a global basis. Product distribution is weighted more toward institutional clients, which, by our calculations, account for around 80% of AUM. BlackRock is geographically diverse, with clients in more than 100 countries and more than one-third of managed assets coming from investors domiciled outside the US and Canada.

Market cap 149.2B · 24,900 employees

ORCL logo

Oracle Corp

ORCL

Oracle provides enterprise applications and infrastructure offerings through a variety of flexible IT deployment models, including on-premises, cloud-based, and hybrid. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system, which is commonly used by the world's largest companies for high-volume online transaction processing workloads. Besides databases, Oracle also sells enterprise resource planning platforms and cloud infrastructure that play an increasingly important role in large language model training and inferencing.

Market cap 418.6B

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

Time Series

Relative Performance

Green: BLKGray: ORCL36 of 1,254 points (sampled)

Who Moves First

ORCL leads BLK by 6 days

ORCL tends to move before BLK.

After testing 13 timing shifts, the strongest relationship was +0.812 (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

+0.098

15 periods · Return correlation when both series rose

Both Falling

-0.225

10 periods · Return correlation when both series fell

Diverging

-0.539

10 periods · Return correlation when series moved apart

R-Squared

65.3%

Share of variance in one series explained by the other.

Trend Agreement

63.9%

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: [0.788, 0.826]

Scatter

XY Regression

5676007008009001,0001,1001,14351.1100150200250300348.9Blackrock, Inc.Oracle CorpData pointsFit (r = 0.808)

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

BLK logo

Blackrock, Inc.

BLK

Market cap 149.2B · 24,900 employees

Stock · 1,254 raw → 1,254 prepared

Series B

ORCL logo

Oracle Corp

ORCL

Market cap 418.6B

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

16

Estimated crossover points between normalized spreads.

Slope

0.2771

Linear regression slope.

Intercept

-107.0454

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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