Correlation Analysis
Eli Lilly & Co. vs PayPal Holdings, Inc. Common Stock
LLY vs PYPL
-0.613
Moderate inverse
When one moves up, the other tends to move down.
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
PayPal Holdings, Inc. Common Stock
↗PYPL
PayPal was spun off from eBay in 2015 and provides electronic payment solutions to merchants and consumers, with a focus on online transactions. The company had 434 million active accounts at the end of 2024. The company also owns Venmo, a person-to-person payment platform.
Market cap 41.9B · 23,800 employees
Time Series
Relative Performance
Who Moves First
PYPL leads LLY by 6 days
PYPL tends to move before LLY.
After testing 13 timing shifts, the strongest relationship was -0.614 (they moved in opposite directions).
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
-0.247
7 periods · Return correlation when both series rose
Both Falling
-0.082
5 periods · Return correlation when both series fell
Diverging
-0.188
23 periods · Return correlation when series moved apart
R-Squared
37.6%
Share of variance in one series explained by the other.
Trend Agreement
55.9%
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: [-0.646, -0.577]
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
PayPal Holdings, Inc. Common Stock
PYPL
Market cap 41.9B · 23,800 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
-0.1541
Linear regression slope.
Intercept
188.6511
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
PYPL
PayPal Holdings, Inc. Common Stock
Highest
-0.013
Amazon.Com Inc
AMZN · 1,254 data points
Lowest
-0.854
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 6 hours ago · ID: stock-lly-vs-stock-pypl-daily