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Correlation Analysis

The Carlyle Group Inc. Common Stock vs Eli Lilly & Co.

CG vs LLY

+0.406

Moderate positive

When one moves up, the other tends to follow.

CG logo

The Carlyle Group Inc. Common Stock

CG

Carlyle Group is one of the world's largest alternative-asset managers, with $476.9 billion in total AUM, including $336.8 billion in fee-earning AUM, at the end of 2025. The company has three core business segments: global private equity, which includes its private equity, real estate, infrastructure, and natural resources offerings (with $163.6 billion in total AUM and $101.4 billion in fee-earning AUM), global credit ($211.3 billion/$169.5 billion), and investment/fund solutions, known as Carlyle AlphInvest ($101.0 billion/$65.9 billion). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 3,100 active carry fund investors from 87 countries.

Market cap 16.9B · 2,500 employees

LLY logo

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

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

Time Series

Relative Performance

Green: CGGray: LLY36 of 1,254 points (sampled)

Who Moves First

LLY leads CG by 6 days

LLY tends to move before CG.

After testing 13 timing shifts, the strongest relationship was +0.409 (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

-0.297

13 periods · Return correlation when both series rose

Both Falling

+0.415

7 periods · Return correlation when both series fell

Diverging

-0.559

15 periods · Return correlation when series moved apart

R-Squared

16.5%

Share of variance in one series explained by the other.

Trend Agreement

57.5%

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: [0.359, 0.451]

Scatter

XY Regression

24.83040506068.61142004006008001,0001,142The Carlyle Group Inc. Common StockEli Lilly & Co.Data pointsFit (r = 0.406)

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

CG logo

The Carlyle Group Inc. Common Stock

CG

Market cap 16.9B · 2,500 employees

Stock · 1,254 raw → 1,254 prepared

Series B

LLY logo

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

3

Estimated crossover points between normalized spreads.

Slope

10.8266

Linear regression slope.

Intercept

99.6889

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-cg-vs-stock-lly-daily