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Correlation Analysis

U.S. Bancorp vs Exxon Mobil Corporation

USB vs XOM

-0.474

Moderate inverse

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

USB logo

U.S. Bancorp

USB

With assets of around $695 billion, U.S. Bancorp is one of the largest regional banks in the US with its footprint in 26 states. The bank's branch network is mostly in Midwestern and Western markets. U.S. Bancorp has a comprehensive product set, with offerings in retail and commercial banking, credit cards, mortgages, payment services, trust, wealth, and capital market services.

Market cap 83B · 68,520 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 pointsStockStockFinancialsEnergy

Time Series

Relative Performance

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

Who Moves First

XOM leads USB by 6 days

XOM tends to move before USB.

After testing 13 timing shifts, the strongest relationship was -0.503 (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

-0.176

12 periods · Return correlation when both series rose

Both Falling

-0.539

10 periods · Return correlation when both series fell

Diverging

-0.679

13 periods · Return correlation when series moved apart

R-Squared

22.5%

Share of variance in one series explained by the other.

Trend Agreement

62.1%

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: [-0.516, -0.430]

Scatter

XY Regression

28.243035404550556063.4245.26080100120140160172.7U.S. BancorpExxon Mobil CorporationData pointsFit (r = -0.474)

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

USB logo

U.S. Bancorp

USB

Market cap 83B · 68,520 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

1

Estimated crossover points between normalized spreads.

Slope

-1.3338

Linear regression slope.

Intercept

163.9338

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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