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Correlation Analysis

Capital One Financial vs Eli Lilly & Co.

COF vs LLY

+0.580

Moderate positive

When one moves up, the other tends to follow.

COF logo

Capital One Financial

COF

Capital One is a diversified financial services holding company headquartered in McLean, Virginia. Originally a spinoff of Signet Financial's credit card division in 1994, the company is now primarily involved in credit card lending, auto loans, and commercial lending. Following the acquisition of Discover in 2025, the firm also has a modest personal loan business, though credit card lending provides the majority of the bank's revenue.

Market cap 114.6B · 76,300 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 pointsStockStockFinancialsHealthcare

Time Series

Relative Performance

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

Who Moves First

LLY leads COF by 6 days

LLY tends to move before COF.

After testing 13 timing shifts, the strongest relationship was +0.582 (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

-0.141

10 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.522

21 periods · Return correlation when series moved apart

R-Squared

33.7%

Share of variance in one series explained by the other.

Trend Agreement

52.5%

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: [0.542, 0.616]

Scatter

XY Regression

77.4100150200250256.11142004006008001,0001,142Capital One FinancialEli Lilly & Co.Data pointsFit (r = 0.58)

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

COF logo

Capital One Financial

COF

Market cap 114.6B · 76,300 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

3.8572

Linear regression slope.

Intercept

-5.7861

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-cof-vs-stock-lly-daily