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Correlation Analysis

Oracle Corp vs Exxon Mobil Corporation

ORCL vs XOM

+0.496

Moderate positive

When one moves up, the other tends to follow.

ORCL logo

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

XOM logo

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

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

Time Series

Relative Performance

Green: ORCLGray: XOM36 of 1,254 points (sampled)

Who Moves First

ORCL leads XOM by 6 days

ORCL tends to move before XOM.

After testing 13 timing shifts, the strongest relationship was +0.498 (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

-0.226

14 periods · Return correlation when both series rose

Both Falling

-0.184

6 periods · Return correlation when both series fell

Diverging

-0.402

15 periods · Return correlation when series moved apart

R-Squared

24.6%

Share of variance in one series explained by the other.

Trend Agreement

54.2%

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: [0.453, 0.536]

Scatter

XY Regression

51.1100150200250300348.945.26080100120140160172.7Oracle CorpExxon Mobil CorporationData pointsFit (r = 0.496)

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

ORCL logo

Oracle Corp

ORCL

Market cap 418.6B

Stock · 1,254 raw → 1,254 prepared

Series B

XOM logo

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

20

Estimated crossover points between normalized spreads.

Slope

0.2051

Linear regression slope.

Intercept

75.5328

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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