Correlation Analysis
Eli Lilly & Co. vs Marvell Technology, Inc. Common Stock
LLY vs MRVL
+0.600
Moderate positive
When one moves up, the other tends to follow.
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
Marvell Technology, Inc. Common Stock
↗MRVL
Marvell Technology is a fabless chip designer focused on wired networking, where it has the second-highest market share. Marvell serves the data center, carrier, enterprise, and consumer end markets with processors, optical and copper transceivers, switches, and storage controllers.
Market cap 95.8B · 7,480 employees
Time Series
Relative Performance
Who Moves First
in sync
LLY and MRVL tend to move at the same time.
After testing 13 timing shifts, the strongest relationship was +0.600 (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
+0.233
12 periods · Return correlation when both series rose
Both Falling
+0.964
6 periods · Return correlation when both series fell
Diverging
-0.706
17 periods · Return correlation when series moved apart
R-Squared
35.9%
Share of variance in one series explained by the other.
Trend Agreement
54.0%
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: [0.563, 0.634]
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
Eli Lilly & Co.
LLY
Market cap 828.2B · 50,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Marvell Technology, Inc. Common Stock
MRVL
Market cap 95.8B · 7,480 employees
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
3
Estimated crossover points between normalized spreads.
Slope
0.0393
Linear regression slope.
Intercept
43.3584
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
LLY
Eli Lilly & Co.
Highest
+0.939
Vertex Pharmaceuticals Inc
VRTX · 1,254 data points
Lowest
-0.889
United Parcel Service, Inc. Class B
UPS · 1,254 data points
MRVL
Marvell Technology, Inc. Common Stock
Highest
+0.813
Amazon.Com Inc
AMZN · 1,254 data points
Lowest
+0.182
Johnson & Johnson
JNJ · 1,254 data points
Saved 6 hours ago · ID: stock-lly-vs-stock-mrvl-daily