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Correlation Analysis

Invitation Homes Inc. Common Stock vs Exxon Mobil Corporation

INVH vs XOM

-0.771

Strong inverse

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

INVH logo

Invitation Homes Inc. Common Stock

INVH

Invitation Homes owns a portfolio of over 86,000 single-family rental homes. The company focuses on owning homes in the starter and move-up segments of the housing market with an average sale price around $350,000 and generally less than 1,800 square feet. The portfolio is spread across 17 target markets that feature high employment and household formation growth with over 70% of the portfolio in the Western US and Florida; 15 of the 17 markets featuring average rents lower than homeownership costs.

Market cap 15.3B · 1,725 employees

XOM logo

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

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockEnergy

Time Series

Relative Performance

Green: INVHGray: XOM36 of 1,254 points (sampled)

Who Moves First

XOM leads INVH by 6 days

XOM tends to move before INVH.

After testing 13 timing shifts, the strongest relationship was -0.786 (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

+0.084

7 periods · Return correlation when both series rose

Both Falling

+0.216

7 periods · Return correlation when both series fell

Diverging

-0.560

21 periods · Return correlation when series moved apart

R-Squared

59.5%

Share of variance in one series explained by the other.

Trend Agreement

55.1%

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: [-0.793, -0.748]

Scatter

XY Regression

24.15253035404545.4545.26080100120140160172.7Invitation Homes Inc. Common StockExxon Mobil CorporationData pointsFit (r = -0.771)

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

INVH logo

Invitation Homes Inc. Common Stock

INVH

Market cap 15.3B · 1,725 employees

Stock · 1,254 raw → 1,254 prepared

Series B

XOM logo

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

13

Estimated crossover points between normalized spreads.

Slope

-4.1924

Linear regression slope.

Intercept

244.9944

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-invh-vs-stock-xom-daily