Correlation Analysis
The Estee Lauder Companies Inc. Class A vs Exxon Mobil Corporation
EL vs XOM
-0.790
Strong inverse
When one moves up, the other tends to move down.
The Estee Lauder Companies Inc. Class A
↗EL
Estée Lauder is a leader in the global prestige beauty market, participating across skin care (49% of fiscal 2025 sales), makeup (29%), fragrance (17%), and hair care and others (5%). Top-selling brands include Estée Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 31% of revenue from the Americas, 37% from Europe, the Middle East and Africa (including travel retail), and 32% from Asia-Pacific. Estée Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Market cap 25.7B · 57,000 employees
Exxon Mobil Corporation
↗XOM
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Market cap 680.7B
Time Series
Relative Performance
Who Moves First
XOM leads EL by 6 days
XOM tends to move before EL.
After testing 13 timing shifts, the strongest relationship was -0.801 (they moved in opposite directions).
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
-0.151
8 periods · Return correlation when both series rose
Both Falling
+0.627
8 periods · Return correlation when both series fell
Diverging
-0.626
19 periods · Return correlation when series moved apart
R-Squared
62.5%
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: [-0.810, -0.769]
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
The Estee Lauder Companies Inc. Class A
EL
Market cap 25.7B · 57,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Exxon Mobil Corporation
XOM
Market cap 680.7B
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
-0.1910
Linear regression slope.
Intercept
136.1375
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
EL
The Estee Lauder Companies Inc. Class A
Highest
-0.029
Johnson & Johnson
JNJ · 1,254 data points
Lowest
-0.912
Eli Lilly & Co.
LLY · 1,254 data points
Saved 7 hours ago · ID: stock-el-vs-stock-xom-daily