Correlation Analysis
Eli Lilly & Co. vs Venture Global, Inc.
LLY vs VG
-0.676
Strong 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
Venture Global, Inc.
↗VG
Venture Global operates two liquefied natural gas production facilities in Louisiana. It has pioneered the use of modular, factory-built equipment, producing high yields. With a substantial development plan, it seeks to become a vertically integrated LNG producer and supplier to end consumers around the world.
Market cap 39.2B · 2,000 employees
Time Series
Relative Performance
Who Moves First
LLY leads VG by 6 days
LLY tends to move before VG.
After testing 13 timing shifts, the strongest relationship was -0.706 (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
-0.097
12 periods · Return correlation when both series rose
Both Falling
-0.036
8 periods · Return correlation when both series fell
Diverging
-0.853
15 periods · Return correlation when series moved apart
R-Squared
45.7%
Share of variance in one series explained by the other.
Trend Agreement
52.6%
How often both series moved in the same direction period-to-period.
Overlap Quality
624
Robust shared window — 624 usable pairs.
Significance
p < 0.001
95% CI: [-0.716, -0.631]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
624 paired data points survived the daily window.
Raw input
1,254
624
Normalized
1,254
624
Prepared
1,254
624
Aligned
624
624
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
630
A: 630 / B: 0
Series A
Eli Lilly & Co.
LLY
Market cap 828.2B · 50,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Venture Global, Inc.
VG
Market cap 39.2B · 2,000 employees
Stock · 624 raw → 624 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
1
Estimated crossover points between normalized spreads.
Slope
-0.0091
Linear regression slope.
Intercept
19.6885
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-lly-vs-stock-vg-daily