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Correlation Analysis

Welltower Inc. vs Exxon Mobil Corporation

WELL vs XOM

+0.565

Moderate positive

When one moves up, the other tends to follow.

WELL logo

Welltower Inc.

WELL

Welltower owns a diversified healthcare portfolio of 2,900 in-place properties spread across the senior housing, medical office, and skilled nursing/postacute care sectors. The portfolio includes over 900 properties in Canada and the United Kingdom as the company looks for additional investment opportunities in countries with mature healthcare systems that operate similarly to that of the United States.

Market cap 140.2B · 712 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: WELLGray: XOM36 of 1,254 points (sampled)

Who Moves First

in sync

WELL and XOM tend to move at the same time.

After testing 13 timing shifts, the strongest relationship was +0.565 (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

+0.201

13 periods · Return correlation when both series rose

Both Falling

+0.534

6 periods · Return correlation when both series fell

Diverging

-0.733

16 periods · Return correlation when series moved apart

R-Squared

31.9%

Share of variance in one series explained by the other.

Trend Agreement

54.4%

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: [0.526, 0.602]

Scatter

XY Regression

49.36080100120140160180200219.945.26080100120140160172.7Welltower Inc.Exxon Mobil CorporationData pointsFit (r = 0.565)

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

WELL logo

Welltower Inc.

WELL

Market cap 140.2B · 712 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

6

Estimated crossover points between normalized spreads.

Slope

0.3183

Linear regression slope.

Intercept

66.9772

Linear regression intercept.

Related Extremes

Highest and Lowest Correlated

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