Correlation Analysis
Eli Lilly & Co. vs Revolution Medicines, Inc. Common Stock
LLY vs RVMD
+0.731
Strong 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
Revolution Medicines, Inc. Common Stock
↗RVMD
Revolution Medicines Inc is a clinical-stage precision oncology company developing novel targeted therapies for RAS-addicted cancers. The Company possesses structure-based drug discovery capabilities built upon chemical biology and cancer pharmacology know-how and proprietary technologies that enable the creation of small molecules tailored to unconventional binding sites. Its research and development pipeline comprises inhibitors that bind directly to RAS variants (RAS(ON) Inhibitors), designed to be used as monotherapy, in combination with other RAS(ON) Inhibitors and/or other therapeutic agents.
Market cap 18.9B · 883 employees
Time Series
Relative Performance
Who Moves First
LLY leads RVMD by 6 days
LLY tends to move before RVMD.
After testing 13 timing shifts, the strongest relationship was +0.742 (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
+0.552
16 periods · Return correlation when both series rose
Both Falling
+0.043
6 periods · Return correlation when both series fell
Diverging
-0.447
13 periods · Return correlation when series moved apart
R-Squared
53.4%
Share of variance in one series explained by the other.
Trend Agreement
58.5%
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: [0.704, 0.755]
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
Revolution Medicines, Inc. Common Stock
RVMD
Market cap 18.9B · 883 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
0.0518
Linear regression slope.
Intercept
6.8964
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
RVMD
Revolution Medicines, Inc. Common Stock
Highest
+0.930
Micron Technology, Inc.
MU · 1,254 data points
Lowest
+0.571
Exxon Mobil Corporation
XOM · 1,254 data points
Saved 6 hours ago · ID: stock-lly-vs-stock-rvmd-daily