Correlation Analysis
Motorola Solutions, Inc. New vs Exxon Mobil Corporation
MSI vs XOM
+0.691
Strong positive
When one moves up, the other tends to follow.
Motorola Solutions, Inc. New
↗MSI
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
Market cap 73.4B · 23,000 employees
Exxon Mobil Corporation
↗XOM
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2024, reserves were 19.9 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.3 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
Market cap 680.7B
Time Series
Relative Performance
Who Moves First
XOM leads MSI by 6 days
XOM tends to move before MSI.
After testing 13 timing shifts, the strongest relationship was +0.693 (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
+0.631
13 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.572
18 periods · Return correlation when series moved apart
R-Squared
47.7%
Share of variance in one series explained by the other.
Trend Agreement
55.9%
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: [0.661, 0.719]
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
Motorola Solutions, Inc. New
MSI
Market cap 73.4B · 23,000 employees
Stock · 1,254 raw → 1,254 prepared
Series B
Exxon Mobil Corporation
XOM
Market cap 680.7B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
15
Estimated crossover points between normalized spreads.
Slope
0.1696
Linear regression slope.
Intercept
46.3231
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
MSI
Motorola Solutions, Inc. New
Highest
+0.956
Costco Wholesale Corp
COST · 1,254 data points
Lowest
+0.112
Johnson & Johnson
JNJ · 1,254 data points
Saved 6 hours ago · ID: stock-msi-vs-stock-xom-daily