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Correlation Analysis

Eli Lilly & Co. vs Rivian Automotive, Inc. Class A Common Stock

LLY vs RIVN

-0.570

Moderate inverse

When one moves up, the other tends to move down.

LLY logo

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

RIVN logo

Rivian Automotive, Inc. Class A Common Stock

RIVN

Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.

Market cap 19B · 15,232 employees

Nov 10, 2021 — Apr 7, 2026Daily1,104 data pointsStockStockHealthcare

Time Series

Relative Performance

Green: LLYGray: RIVN36 of 1,104 points (sampled)

Who Moves First

LLY leads RIVN by 6 days

LLY tends to move before RIVN.

After testing 13 timing shifts, the strongest relationship was -0.578 (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

-0.326

9 periods · Return correlation when both series rose

Both Falling

-0.336

8 periods · Return correlation when both series fell

Diverging

-0.360

18 periods · Return correlation when series moved apart

R-Squared

32.5%

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

1,104

Deep shared window — 1,104 usable pairs.

Significance

p < 0.001

95% CI: [-0.609, -0.529]

Scatter

XY Regression

1752004006008001,0001,1062.820406080100110.3Eli Lilly & Co.Rivian Automotive, Inc. Class A Common StockData pointsFit (r = -0.57)

Pipeline

Data quality details

Pipeline Summary

1,104 paired data points survived the daily window.

Raw input

1,254

1,104

Normalized

1,254

1,104

Prepared

1,254

1,104

Aligned

1,104

1,104

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

150

A: 150 / B: 0

Series A

LLY logo

Eli Lilly & Co.

LLY

Market cap 828.2B · 50,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

RIVN logo

Rivian Automotive, Inc. Class A Common Stock

RIVN

Market cap 19B · 15,232 employees

Stock · 1,104 raw → 1,104 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

-0.0473

Linear regression slope.

Intercept

52.8095

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 7 hours ago · ID: stock-lly-vs-stock-rivn-daily