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Correlation Analysis

Eli Lilly & Co. vs Xylem Inc

LLY vs XYL

+0.630

Moderate positive

When one moves up, the other tends to follow.

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

XYL logo

Xylem Inc

XYL

Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $9 billion in revenue in 2025.

Market cap 29.8B · 22,000 employees

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

Time Series

Relative Performance

Green: LLYGray: XYL36 of 1,254 points (sampled)

Who Moves First

XYL leads LLY by 6 days

XYL tends to move before LLY.

After testing 13 timing shifts, the strongest relationship was +0.631 (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

+0.063

13 periods · Return correlation when both series rose

Both Falling

+0.203

7 periods · Return correlation when both series fell

Diverging

-0.616

15 periods · Return correlation when series moved apart

R-Squared

39.7%

Share of variance in one series explained by the other.

Trend Agreement

59.9%

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: [0.596, 0.663]

Scatter

XY Regression

1142004006008001,0001,14275.680100120140157.2Eli Lilly & Co.Xylem IncData pointsFit (r = 0.63)

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

XYL logo

Xylem Inc

XYL

Market cap 29.8B · 22,000 employees

Stock · 1,254 raw → 1,254 prepared

Sign agreement

100.0%

How often both values share the same sign.

Zero crossings

5

Estimated crossover points between normalized spreads.

Slope

0.0419

Linear regression slope.

Intercept

92.7734

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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