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Correlation Analysis

Eli Lilly & Co. vs T Rowe Price Group Inc

LLY vs TROW

-0.652

Strong 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

TROW logo

T Rowe Price Group Inc

TROW

T. Rowe Price provides asset management services for individual and institutional investors. It offers a broad range of no-load US and international stock, hybrid, bond, and money market funds. At the end of 2025, the firm had $1.776 trillion in managed assets, composed of equity (49%), balanced (36%), fixed-income and money market (12%), and alternative (3%) offerings. Approximately two-thirds of managed assets are held in retirement-based accounts, which provides T. Rowe Price with a somewhat stickier client base than most of its peers. The firm also manages private accounts, provides retirement planning advice, and offers discount brokerage and trust services. The company is primarily a US-based asset manager, deriving less than 10% of its AUM from overseas.

Market cap 19.4B · 7,773 employees

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

Time Series

Relative Performance

Green: LLYGray: TROW36 of 1,254 points (sampled)

Who Moves First

TROW leads LLY by 6 days

TROW tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was -0.653 (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

-0.588

11 periods · Return correlation when both series rose

Both Falling

-0.294

5 periods · Return correlation when both series fell

Diverging

-0.261

19 periods · Return correlation when series moved apart

R-Squared

42.5%

Share of variance in one series explained by the other.

Trend Agreement

55.0%

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: [-0.683, -0.619]

Scatter

XY Regression

1142004006008001,0001,14271.980100120140160180200220227.3Eli Lilly & Co.T Rowe Price Group IncData pointsFit (r = -0.652)

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

TROW logo

T Rowe Price Group Inc

TROW

Market cap 19.4B · 7,773 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

-0.0838

Linear regression slope.

Intercept

172.8530

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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