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Correlation Analysis

Exelon Corporation vs Eli Lilly & Co.

EXC vs LLY

-0.365

Light inverse

When one moves up, the other tends to move down.

EXC logo

Exelon Corporation

EXC

Exelon serves approximately 10 million power and gas customers at its six regulated utilities in Illinois, Pennsylvania, Maryland, New Jersey, Delaware, and Washington, D.C.

Market cap 50.1B · 20,571 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 pointsStockStockHealthcare

Time Series

Relative Performance

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

Who Moves First

EXC leads LLY by 6 days

EXC tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was -0.388 (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

+0.463

14 periods · Return correlation when both series rose

Both Falling

-0.000

6 periods · Return correlation when both series fell

Diverging

-0.442

15 periods · Return correlation when series moved apart

R-Squared

13.3%

Share of variance in one series explained by the other.

Trend Agreement

57.7%

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: [-0.412, -0.316]

Scatter

XY Regression

32.58354045505555.981142004006008001,0001,142Exelon CorporationEli Lilly & Co.Data pointsFit (r = -0.365)

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

EXC logo

Exelon Corporation

EXC

Market cap 50.1B · 20,571 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

7

Estimated crossover points between normalized spreads.

Slope

-20.4937

Linear regression slope.

Intercept

1449.1514

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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