Correlation Analysis
DuPont de Nemours, Inc. Common Stock vs Eli Lilly & Co.
DD vs LLY
+0.555
Moderate positive
When one moves up, the other tends to follow.
DuPont de Nemours, Inc. Common Stock
↗DD
DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the healthcare, water, construction, automotive, aerospace, and printing and packaging industries. Healthcare and water will generate the majority of profits.
Market cap 18.6B · 15,000 employees
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
Time Series
Relative Performance
Who Moves First
LLY leads DD by 6 days
LLY tends to move before DD.
After testing 13 timing shifts, the strongest relationship was +0.560 (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
+0.402
13 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.555
18 periods · Return correlation when series moved apart
R-Squared
30.8%
Share of variance in one series explained by the other.
Trend Agreement
55.0%
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: [0.515, 0.592]
Scatter
XY Regression
Pipeline
Data quality details
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
DuPont de Nemours, Inc. Common Stock
DD
Market cap 18.6B · 15,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
5
Estimated crossover points between normalized spreads.
Slope
31.1900
Linear regression slope.
Intercept
-418.9339
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
DD
DuPont de Nemours, Inc. Common Stock
Highest
+0.835
Micron Technology, Inc.
MU · 1,254 data points
Lowest
+0.409
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 7 hours ago · ID: stock-dd-vs-stock-lly-daily