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Correlation Analysis

Toast, Inc. vs Exxon Mobil Corporation

TOST vs XOM

-0.085

Weak inverse

When one moves up, the other tends to move down.

TOST logo

Toast, Inc.

TOST

Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.

Market cap 15.9B · 6,500 employees

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

Sep 22, 2021 — Apr 7, 2026Daily1,139 data pointsStockStockEnergy

Time Series

Relative Performance

Green: TOSTGray: XOM36 of 1,139 points (sampled)

Who Moves First

TOST leads XOM by 5 days

TOST tends to move before XOM.

After testing 13 timing shifts, the strongest relationship was -0.085 (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

+0.124

9 periods · Return correlation when both series rose

Both Falling

-0.037

5 periods · Return correlation when both series fell

Diverging

-0.770

21 periods · Return correlation when series moved apart

R-Squared

0.7%

Share of variance in one series explained by the other.

Trend Agreement

54.3%

How often both series moved in the same direction period-to-period.

Overlap Quality

1,139

Deep shared window — 1,139 usable pairs.

Significance

p < 0.01

95% CI: [-0.142, -0.027]

Scatter

XY Regression

9.810203040506066.446.56080100120140160172.6Toast, Inc.Exxon Mobil CorporationData pointsFit (r = -0.085)

Pipeline

Data quality details

Pipeline Summary

1,139 paired data points survived the daily window.

Raw input

1,139

1,254

Normalized

1,139

1,254

Prepared

1,139

1,254

Aligned

1,139

1,139

Invalid removed

0

A: 0 / B: 0

Duplicates removed

0

A: 0 / B: 0

Alignment drops

115

A: 0 / B: 115

Series A

TOST logo

Toast, Inc.

TOST

Market cap 15.9B · 6,500 employees

Stock · 1,139 raw → 1,139 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

23

Estimated crossover points between normalized spreads.

Slope

-0.1510

Linear regression slope.

Intercept

109.9530

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 4 hours ago · ID: stock-tost-vs-stock-xom-daily