Correlation Analysis
L3Harris Technologies, Inc. vs Exxon Mobil Corporation
LHX vs XOM
+0.382
Light positive
When one moves up, the other tends to follow.
L3Harris Technologies, Inc.
↗LHX
In addition to its legacy software-defined radio franchise, L3Harris Technologies has through a series of acquisitions established franchises producing uncrewed aerial vehicles, sensors, avionics, space-based systems, missiles, and solid rocket motors. It also adapts civilian aircraft for military use and provides military and commercial training services, and maintains the US Federal Aviation Administration's communications infrastructure.
Market cap 67B · 45,000 employees
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
Time Series
Relative Performance
Who Moves First
in sync
LHX and XOM tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.382 (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
+0.411
15 periods · Return correlation when both series rose
Both Falling
+0.157
7 periods · Return correlation when both series fell
Diverging
-0.708
13 periods · Return correlation when series moved apart
R-Squared
14.6%
Share of variance in one series explained by the other.
Trend Agreement
59.5%
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: [0.334, 0.428]
Scatter
XY Regression
Pipeline
Data quality details
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
L3Harris Technologies, Inc.
LHX
Market cap 67B · 45,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
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
14
Estimated crossover points between normalized spreads.
Slope
0.2200
Linear regression slope.
Intercept
50.6519
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
LHX
L3Harris Technologies, Inc.
Highest
+0.848
Micron Technology, Inc.
MU · 1,254 data points
Lowest
+0.428
Microsoft Corp
MSFT · 1,254 data points
Saved 4 hours ago · ID: stock-lhx-vs-stock-xom-daily