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Correlation Analysis

Leidos Holdings, Inc. vs Exxon Mobil Corporation

LDOS vs XOM

+0.589

Moderate positive

When one moves up, the other tends to follow.

LDOS logo

Leidos Holdings, Inc.

LDOS

Leidos Holdings Inc is a technology, engineering, and science company that provides services and solutions in the defense, intelligence, civil, and health management, both domestically and internationally. The customers of the company includes the U.S. Department of Defense ("DoD"), the U.S. Intelligence Community, the U.S. Department of Homeland Security ("DHS"), the Federal Aviation Administration ("FAA"), the Department of Veterans Affairs ("VA"), and many other U.S. civilian, state and local government agencies, etc. The company is engaged in four reportable segments; National Security & Digital, Health & Civil, Commercial & International and Defense Systems. It provides a wide array of scientific, engineering and technical services and solutions across these reportable segments.

Market cap 20.1B · 47,000 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: LDOSGray: XOM36 of 1,254 points (sampled)

Who Moves First

LDOS leads XOM by 6 days

LDOS tends to move before XOM.

After testing 13 timing shifts, the strongest relationship was +0.593 (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

-0.538

13 periods · Return correlation when both series rose

Both Falling

+0.455

7 periods · Return correlation when both series fell

Diverging

-0.721

15 periods · Return correlation when series moved apart

R-Squared

34.7%

Share of variance in one series explained by the other.

Trend Agreement

59.0%

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: [0.551, 0.624]

Scatter

XY Regression

71.580100120140160180199.845.26080100120140160172.7Leidos Holdings, Inc.Exxon Mobil CorporationData pointsFit (r = 0.589)

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

LDOS logo

Leidos Holdings, Inc.

LDOS

Market cap 20.1B · 47,000 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

33

Estimated crossover points between normalized spreads.

Slope

0.3902

Linear regression slope.

Intercept

52.9645

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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