Correlation Analysis
Oracle Corp vs Philip Morris International Inc.
ORCL vs PM
+0.783
Strong positive
When one moves up, the other tends to follow.
Oracle Corp
↗ORCL
Oracle provides enterprise applications and infrastructure offerings through a variety of flexible IT deployment models, including on-premises, cloud-based, and hybrid. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system, which is commonly used by the world's largest companies for high-volume online transaction processing workloads. Besides databases, Oracle also sells enterprise resource planning platforms and cloud infrastructure that play an increasingly important role in large language model training and inferencing.
Market cap 418.6B
Philip Morris International Inc.
↗PM
Created from the international operations of Altria in 2008, Philip Morris International sells cigarettes and reduced-risk products, including heat sticks, vapes, and oral nicotine offerings, primarily outside of the US. With the 2023 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches primarily in the US and Scandinavia, PMI is not only dominant in smokable products but also has the Iqos and Zyn brands, which respectively dominate heated tobacco and nicotine pouches in most markets. It also owns the Veev brand in vapes.
Market cap 249.9B
Time Series
Relative Performance
Who Moves First
PM leads ORCL by 6 days
PM tends to move before ORCL.
After testing 13 timing shifts, the strongest relationship was +0.787 (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
-0.091
14 periods · Return correlation when both series rose
Both Falling
+0.302
5 periods · Return correlation when both series fell
Diverging
-0.600
16 periods · Return correlation when series moved apart
R-Squared
61.3%
Share of variance in one series explained by the other.
Trend Agreement
57.5%
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: [0.761, 0.803]
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
Oracle Corp
ORCL
Market cap 418.6B
Stock · 1,254 raw → 1,254 prepared
Series B
Philip Morris International Inc.
PM
Market cap 249.9B
Stock · 1,254 raw → 1,254 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
18
Estimated crossover points between normalized spreads.
Slope
0.4257
Linear regression slope.
Intercept
61.7508
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
ORCL
Oracle Corp
Highest
+0.871
Palantir Technologies Inc. Class A Common Stock
PLTR · 1,254 data points
Lowest
-0.745
Pfizer Inc.
PFE · 1,254 data points
PM
Philip Morris International Inc.
Highest
+0.923
Walmart Inc. Common Stock
WMT · 1,254 data points
Lowest
+0.461
Johnson & Johnson
JNJ · 1,254 data points
Saved 5 hours ago · ID: stock-orcl-vs-stock-pm-daily