Correlation Analysis
Qnity Electronics, Inc. vs Exxon Mobil Corporation
Q vs XOM
+0.887
Very strong positive
When one moves up, the other tends to follow.
Qnity Electronics, Inc.
↗Q
Qnity Electronics Inc is a specialty chemicals company created in 2025 after being spun off from DuPont. It sells chemicals and materials to the semiconductor industry, which generates the majority of sales, and also the electronics industry. The two segments are Semiconductor Technologies segment which provides a portfolio of materials and solutions utilized across multiple stages of the semiconductor manufacturing process. Interconnect Solutions segment offers a comprehensive range of material solutions that address the evolving complexities of signal integrity, thermal and power management and packaging. These solutions are integral for electronics hardware, including complex printed circuit boards and semiconductor packaging.
Market cap 24.9B
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 Q by 6 days
XOM tends to move before Q.
After testing 13 timing shifts, the strongest relationship was +0.920 (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
-0.006
15 periods · Return correlation when both series rose
Both Falling
-0.359
5 periods · Return correlation when both series fell
Diverging
-0.680
15 periods · Return correlation when series moved apart
R-Squared
78.7%
Share of variance in one series explained by the other.
Trend Agreement
47.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
106
Usable shared window — 106 usable pairs.
Significance
p < 0.001
95% CI: [0.838, 0.922]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
106 paired data points survived the daily window.
Raw input
106
1,254
Normalized
106
1,254
Prepared
106
1,254
Aligned
106
106
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,148
A: 0 / B: 1148
Series A
Qnity Electronics, Inc.
Q
Market cap 24.9B
Stock · 106 raw → 106 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
23
Estimated crossover points between normalized spreads.
Slope
1.0741
Linear regression slope.
Intercept
30.2928
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
Saved 4 hours ago · ID: stock-q-vs-stock-xom-daily