Correlation Analysis
EXAS vs Eli Lilly & Co.
EXAS vs LLY
-0.186
Weak inverse
When one moves up, the other tends to move down.
EXAS
EXAS
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
EXAS leads LLY by 6 days
EXAS tends to move before LLY.
After testing 13 timing shifts, the strongest relationship was -0.203 (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
+0.823
9 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.397
22 periods · Return correlation when series moved apart
R-Squared
3.5%
Share of variance in one series explained by the other.
Trend Agreement
54.7%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,243
Deep shared window — 1,243 usable pairs.
Significance
p < 0.001
95% CI: [-0.239, -0.132]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,243 paired data points survived the daily window.
Raw input
1,243
1,254
Normalized
1,243
1,254
Prepared
1,243
1,254
Aligned
1,243
1,243
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
11
A: 0 / B: 11
Series A
EXAS
Stock · 1,243 raw → 1,243 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
9
Estimated crossover points between normalized spreads.
Slope
-2.2195
Linear regression slope.
Intercept
719.1668
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 6 hours ago · ID: stock-exas-vs-stock-lly-daily