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Correlation Analysis

Eli Lilly & Co. vs Truist Financial Corporation

LLY vs TFC

-0.393

Light 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

TFC logo

Truist Financial Corporation

TFC

Truist Financial is one of the three super-regional banks in the US, with around $565 billion in assets as of the fourth quarter of 2025. Truist emerged from the combination of BB&T and SunTrust in 2019. Based in Charlotte, North Carolina, the bank's footprint is largely in the Mid-Atlantic and Southeast. Apart from retail and commercial banking operations, the bank also offers online and point-of-sale consumer lending, cards, wealth management, investment banking, and other banking services.

Market cap 59.1B · 38,711 employees

Apr 9, 2021 — Apr 7, 2026Daily1,254 data pointsStockStockHealthcareFinancials

Time Series

Relative Performance

Green: LLYGray: TFC36 of 1,254 points (sampled)

Who Moves First

TFC leads LLY by 6 days

TFC tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was -0.405 (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

+0.078

11 periods · Return correlation when both series rose

Both Falling

N/A

4 periods · Return correlation when both series fell

Diverging

-0.266

20 periods · Return correlation when series moved apart

R-Squared

15.4%

Share of variance in one series explained by the other.

Trend Agreement

53.7%

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: [-0.439, -0.345]

Scatter

XY Regression

1142004006008001,0001,14225.33040506067.3Eli Lilly & Co.Truist Financial CorporationData pointsFit (r = -0.393)

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

LLY logo

Eli Lilly & Co.

LLY

Market cap 828.2B · 50,000 employees

Stock · 1,254 raw → 1,254 prepared

Series B

TFC logo

Truist Financial Corporation

TFC

Market cap 59.1B · 38,711 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

7

Estimated crossover points between normalized spreads.

Slope

-0.0136

Linear regression slope.

Intercept

52.7756

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-lly-vs-stock-tfc-daily