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Correlation Analysis

CrowdStrike Holdings, Inc. Class A Common Stock vs Eli Lilly & Co.

CRWD vs LLY

+0.769

Strong positive

When one moves up, the other tends to follow.

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

CrowdStrike is a cloud-native cybersecurity company specializing in security verticals such as endpoint, cloud workload, identity, and security operations. CrowdStrike's primary offering is its Falcon platform, which provides enterprises with a unified view to detect and respond to security threats across their IT infrastructure. The Austin, Texas-based firm was founded in 2011 and went public in 2019.

Market cap 101.1B · 10,698 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 pointsStockStockTechnologyHealthcare

Time Series

Relative Performance

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

Who Moves First

CRWD leads LLY by 2 days

CRWD tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was +0.769 (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

+0.451

14 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.462

17 periods · Return correlation when series moved apart

R-Squared

59.1%

Share of variance in one series explained by the other.

Trend Agreement

57.4%

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: [0.745, 0.790]

Scatter

XY Regression

731002003004005005731142004006008001,0001,142CrowdStrike Holdings, Inc. Class A Common StockEli Lilly & Co.Data pointsFit (r = 0.769)

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

CRWD logo

CrowdStrike Holdings, Inc. Class A Common Stock

CRWD

Market cap 101.1B · 10,698 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

37

Estimated crossover points between normalized spreads.

Slope

1.7610

Linear regression slope.

Intercept

85.3914

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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