Correlation Analysis
Fidelity National Information Services, Inc. vs Exxon Mobil Corporation
FIS vs XOM
-0.837
Strong inverse
When one moves up, the other tends to move down.
Fidelity National Information Services, Inc.
↗FIS
Fidelity National Information Services provides core processing and ancillary services to banks, but its business has expanded over time. By acquiring SunGard in 2015, the company now provides record-keeping and other services to investment firms. In a recent deal with Global Payments, FIS sold off its remaining interest in Worldpay and acquired Global Payment's issuer processing business.
Market cap 24B · 44,000 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 FIS by 6 days
XOM tends to move before FIS.
After testing 13 timing shifts, the strongest relationship was -0.842 (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
+0.341
8 periods · Return correlation when both series rose
Both Falling
-0.197
9 periods · Return correlation when both series fell
Diverging
-0.711
18 periods · Return correlation when series moved apart
R-Squared
70.0%
Share of variance in one series explained by the other.
Trend Agreement
56.6%
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: [-0.853, -0.819]
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
Fidelity National Information Services, Inc.
FIS
Market cap 24B · 44,000 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
1
Estimated crossover points between normalized spreads.
Slope
-0.7177
Linear regression slope.
Intercept
160.3760
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
FIS
Fidelity National Information Services, Inc.
Highest
-0.050
Tesla, Inc. Common Stock
TSLA · 1,254 data points
Lowest
-0.568
Eli Lilly & Co.
LLY · 1,254 data points
Saved 7 hours ago · ID: stock-fis-vs-stock-xom-daily