Correlation Analysis
Samsara Inc. vs Eli Lilly & Co.
IOT vs LLY
+0.813
Strong positive
When one moves up, the other tends to follow.
Samsara Inc.
↗IOT
Samsara Inc provides an end-to-end solution for operations. The company's Connected Operations Platform consolidates data from its IoT devices and a growing ecosystem of connected assets and third-party systems, and makes it easy for organizations to access, analyze, and act on data insights using its cloud dashboard, custom alerts and reports, mobile apps, and workflows. The company derives almost all of its revenue from subscription services. Geographically, it derives a majority of its revenue from the United States. The company's customers range from small and medium-sized businesses to state and local governments.
Market cap 18.3B · 4,100 employees
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
Time Series
Relative Performance
Who Moves First
IOT leads LLY by 6 days
IOT tends to move before LLY.
After testing 13 timing shifts, the strongest relationship was +0.815 (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
+0.045
12 periods · Return correlation when both series rose
Both Falling
+0.640
7 periods · Return correlation when both series fell
Diverging
-0.603
16 periods · Return correlation when series moved apart
R-Squared
66.1%
Share of variance in one series explained by the other.
Trend Agreement
54.8%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,080
Deep shared window — 1,080 usable pairs.
Significance
p < 0.001
95% CI: [0.791, 0.832]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,080 paired data points survived the daily window.
Raw input
1,080
1,254
Normalized
1,080
1,254
Prepared
1,080
1,254
Aligned
1,080
1,080
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
174
A: 0 / B: 174
Series A
Samsara Inc.
IOT
Market cap 18.3B · 4,100 employees
Stock · 1,080 raw → 1,080 prepared
Series B
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
16.9189
Linear regression slope.
Intercept
124.8503
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 7 hours ago · ID: stock-iot-vs-stock-lly-daily