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Correlation Analysis

Uber Technologies, Inc. vs Exxon Mobil Corporation

UBER vs XOM

+0.457

Moderate positive

When one moves up, the other tends to follow.

UBER logo

Uber Technologies, Inc.

UBER

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food couriers, and shippers with carriers. The firm's on-demand technology platform is currently utilized by traditional cars as well as autonomous vehicles, but could eventually be used for additional products and services, such as delivery via drones or electronic vehicle take-off and landing (eVTOL) technology. Uber operates in over 70 countries, with over 202 million users who order rides or food at least once a month.

Market cap 147B · 34,000 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

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

Time Series

Relative Performance

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

Who Moves First

XOM leads UBER by 6 days

XOM tends to move before UBER.

After testing 13 timing shifts, the strongest relationship was +0.461 (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

-0.229

13 periods · Return correlation when both series rose

Both Falling

+0.657

9 periods · Return correlation when both series fell

Diverging

-0.567

13 periods · Return correlation when series moved apart

R-Squared

20.9%

Share of variance in one series explained by the other.

Trend Agreement

51.3%

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: [0.412, 0.500]

Scatter

XY Regression

17.220406080100102.445.26080100120140160172.7Uber Technologies, Inc.Exxon Mobil CorporationData pointsFit (r = 0.457)

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

UBER logo

Uber Technologies, Inc.

UBER

Market cap 147B · 34,000 employees

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

41

Estimated crossover points between normalized spreads.

Slope

0.4648

Linear regression slope.

Intercept

75.3796

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

Saved 6 hours ago · ID: stock-uber-vs-stock-xom-daily