Correlation Analysis
Rivian Automotive, Inc. Class A Common Stock vs Exxon Mobil Corporation
RIVN vs XOM
-0.728
Strong inverse
When one moves up, the other tends to move down.
Rivian Automotive, Inc. Class A Common Stock
↗RIVN
Rivian is a battery electric vehicle automaker that sells its vehicles in the US and Canada. The company also develops electronic control units and related software for autos in a joint venture with Volkswagen. Rivian has multiple vehicles in its fleet, which include a luxury truck and full-size SUV and a delivery van. The company plans to begin selling a midsize SUV in 2026. Total deliveries were over 42,000 in 2025. Rivian is also developing autonomous driving software to be used in its vehicles.
Market cap 19B · 15,232 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 RIVN by 6 days
XOM tends to move before RIVN.
After testing 13 timing shifts, the strongest relationship was -0.752 (they moved in opposite directions).
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
+0.147
11 periods · Return correlation when both series rose
Both Falling
+0.165
7 periods · Return correlation when both series fell
Diverging
-0.368
17 periods · Return correlation when series moved apart
R-Squared
53.1%
Share of variance in one series explained by the other.
Trend Agreement
52.2%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,104
Deep shared window — 1,104 usable pairs.
Significance
p < 0.001
95% CI: [-0.755, -0.700]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,104 paired data points survived the daily window.
Raw input
1,104
1,254
Normalized
1,104
1,254
Prepared
1,104
1,254
Aligned
1,104
1,104
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
150
A: 0 / B: 150
Series A
Rivian Automotive, Inc. Class A Common Stock
RIVN
Market cap 19B · 15,232 employees
Stock · 1,104 raw → 1,104 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
9
Estimated crossover points between normalized spreads.
Slope
-0.5825
Linear regression slope.
Intercept
120.9913
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
RIVN
Rivian Automotive, Inc. Class A Common Stock
Highest
+0.170
Tesla, Inc. Common Stock
TSLA · 1,104 data points
Lowest
-0.586
Meta Platforms, Inc. Class A Common Stock
META · 1,014 data points
Saved 4 hours ago · ID: stock-rivn-vs-stock-xom-daily