Correlation Analysis
Rocket Lab Corporation Common Stock vs Exxon Mobil Corporation
RKLB vs XOM
+0.451
Moderate positive
When one moves up, the other tends to follow.
Rocket Lab Corporation Common Stock
↗RKLB
Rocket Lab Corp is engaged in space, building rockets, and spacecraft. It provides end-to-end mission services that provide frequent and reliable access to space for civil, defense, and commercial markets. It designs and manufactures the Electron and Neutron launch vehicles and Photon satellite platform. Rocket Lab's Electron launch vehicle has delivered multiple satellites to orbit for private and public sector organizations, enabling operations in national security, scientific research, space debris mitigation, Earth observation, climate monitoring, and communications. The business operates in two segments Launch Services and Space Systems. Geographically it serves Japan, and rest of the world and earns key revenue from the United States.
Market cap 38.5B · 2,600 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
RKLB leads XOM by 6 days
RKLB tends to move before XOM.
After testing 13 timing shifts, the strongest relationship was +0.462 (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
-0.049
13 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-0.593
18 periods · Return correlation when series moved apart
R-Squared
20.3%
Share of variance in one series explained by the other.
Trend Agreement
54.1%
How often both series moved in the same direction period-to-period.
Overlap Quality
1,158
Deep shared window — 1,158 usable pairs.
Significance
p < 0.001
95% CI: [0.403, 0.495]
Scatter
XY Regression
Pipeline
Data quality details
Pipeline
Data quality details
Pipeline Summary
1,158 paired data points survived the daily window.
Raw input
1,158
1,254
Normalized
1,158
1,254
Prepared
1,158
1,254
Aligned
1,158
1,158
Invalid removed
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
96
A: 0 / B: 96
Series A
Rocket Lab Corporation Common Stock
RKLB
Market cap 38.5B · 2,600 employees
Stock · 1,158 raw → 1,158 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
31
Estimated crossover points between normalized spreads.
Slope
0.4241
Linear regression slope.
Intercept
97.4765
Linear regression intercept.
Related Extremes
Highest and Lowest Correlated
RKLB
Rocket Lab Corporation Common Stock
Highest
+0.907
Alphabet Inc. Class C Capital Stock
GOOG · 1,158 data points
Lowest
+0.592
Eli Lilly & Co.
LLY · 1,158 data points
Saved 4 hours ago · ID: stock-rklb-vs-stock-xom-daily