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Correlation Analysis

Samsara Inc. vs Exxon Mobil Corporation

IOT vs XOM

+0.393

Light positive

When one moves up, the other tends to follow.

IOT logo

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

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

Dec 15, 2021 — Apr 7, 2026Daily1,080 data pointsStockStockEnergy

Time Series

Relative Performance

Green: IOTGray: XOM36 of 1,080 points (sampled)

Who Moves First

XOM leads IOT by 6 days

XOM tends to move before IOT.

After testing 13 timing shifts, the strongest relationship was +0.413 (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

-0.237

10 periods · Return correlation when both series rose

Both Falling

+0.663

6 periods · Return correlation when both series fell

Diverging

-0.871

19 periods · Return correlation when series moved apart

R-Squared

15.5%

Share of variance in one series explained by the other.

Trend Agreement

52.2%

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: [0.342, 0.443]

Scatter

XY Regression

6.4102030405059.153.16080100120140160172.1Samsara Inc.Exxon Mobil CorporationData pointsFit (r = 0.393)

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

IOT logo

Samsara Inc.

IOT

Market cap 18.3B · 4,100 employees

Stock · 1,080 raw → 1,080 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

63

Estimated crossover points between normalized spreads.

Slope

0.5109

Linear regression slope.

Intercept

93.1230

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-iot-vs-stock-xom-daily