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Correlation Analysis

Ford Motor Company vs Eli Lilly & Co.

F vs LLY

-0.516

Moderate inverse

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

F logo

Ford Motor Company

F

Ford Motor Co. manufactures automobiles under its Ford and Lincoln brands. In March 2022, the company announced that it will run its combustion engine business, Ford Blue, and its BEV business, Ford Model e, as separate businesses but still all under Ford Motor. The company has over 13% market share in the United States, about 10% share in the UK, and just over 1% share in China including Taiwan and unconsolidated affiliates. Sales in the US made up about 65% of 2025 total company revenue. Ford has about 169,000 employees, including about 56,300 UAW employees, and is based in Dearborn, Michigan.

Market cap 46.6B · 169,000 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 pointsStockStockConsumerHealthcare

Time Series

Relative Performance

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

Who Moves First

F leads LLY by 6 days

F tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was -0.520 (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

-0.576

11 periods · Return correlation when both series rose

Both Falling

-0.080

5 periods · Return correlation when both series fell

Diverging

-0.462

19 periods · Return correlation when series moved apart

R-Squared

26.7%

Share of variance in one series explained by the other.

Trend Agreement

53.2%

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: [-0.556, -0.474]

Scatter

XY Regression

8.49101214161820211142004006008001,0001,142Ford Motor CompanyEli Lilly & Co.Data pointsFit (r = -0.516)

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

F logo

Ford Motor Company

F

Market cap 46.6B · 169,000 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

5

Estimated crossover points between normalized spreads.

Slope

-54.9772

Linear regression slope.

Intercept

1279.5144

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-f-vs-stock-lly-daily