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Correlation Analysis

General Motors Company vs Eli Lilly & Co.

GM vs LLY

+0.396

Light positive

When one moves up, the other tends to follow.

GM logo

General Motors Company

GM

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2025 US share was 17.4%, up 60 basis points from 2024. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.

Market cap 66.4B · 156,000 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: GMGray: LLY36 of 1,254 points (sampled)

Who Moves First

LLY leads GM by 6 days

LLY tends to move before GM.

After testing 13 timing shifts, the strongest relationship was +0.410 (they moved in the same direction).

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

+0.457

10 periods · Return correlation when both series rose

Both Falling

-0.397

6 periods · Return correlation when both series fell

Diverging

-0.575

19 periods · Return correlation when series moved apart

R-Squared

15.7%

Share of variance in one series explained by the other.

Trend Agreement

53.5%

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: [0.349, 0.442]

Scatter

XY Regression

2330405060708086.71142004006008001,0001,142General Motors CompanyEli Lilly & Co.Data pointsFit (r = 0.396)

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

GM logo

General Motors Company

GM

Market cap 66.4B · 156,000 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

3

Estimated crossover points between normalized spreads.

Slope

8.3898

Linear regression slope.

Intercept

168.1697

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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